Mutual Funds (Fees, Forms and Miscellaneous Provisions) Regulations, 2001 · s 3

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s 3( 1)

The fees and penalties set out in the third column of the First Schedule are prescribed as the fees and penalties applicable to the items respectively set out in the second column of the First Schedule.

(2)

A fund, person or body of persons registered, licensed or granted a permission under the Order continues to be liable for all fees and penalties payable under the Order, notwithstanding that the registration, licence, or permission has lapsed, been suspended or withdrawn, and all those fees and 213

BRUNEI DARUSSALAM GOVERNMENT GAZETTE penalties have priority over all other claims against the assets of such a fund, person or body of persons. The Authority may refuse to take any action under the

Order for which a fee is prescribed until all fees and penalties have been paid.