FEES PAYABLE ON THE REGISTRATION OF FIXED AND FLOATING CHARGES

The Ministry of Finance has by a letter issued on 21 March 2003 advised that deeds witnessing the creation of fixed and floating charges by a non-citizen on his assets, property and accounts sited in Mauritius in favour of another non-citizen or a company holding a Category 1 Global Business Licence or a company holding a Category 2 Global Business Licence or a bank holding a Category 2 Banking Licence will be registered on payment of a fixed duty of MUR1, 000.  This amount does not include any other charges or duties which may levy an additional MUR510.

9 April 2003

Financial Services Commission