Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part V · Licensing and Registration
70. Fees payable by registered credit service provider
Feedback & supportA registered credit service provider shall pay fees as may be prescribed by the Minister.
credit service provider
“credit service provider” means a person who carries on a credit service business where the person— (a) is registered under Part V of this Act; (b) is registered to do so under the Capital Markets and Services Act 2007; or (c) is a permit holder under the Hire-Purchase Act 1967;
Where a registered credit service provider fails to pay the prescribed fee under subsection (1) by the date on which such fee is due to the Commission, for every month that the payment is late, such registered credit service provider shall pay a late payment fee of an amount as prescribed by the Minister and such fees shall be recoverable by the Commission as a civil debt due to the Commission.
Commission
“Commission” means the Consumer Credit Commission established under section 6;
The prescribed fees paid to, or recovered by the Commission under this section shall be paid into and form part of the Fund established under section 26.