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                Regulations for Securities Commission Fees
                Regulation No. (24) for the Year 1999, The Jordan Securities Commission Fees Regulation Issued pursuant to Articles (15) and (81) of the Securities Law No. (23) For the Year 1997

                 

                Article (1)

                This Regulation shall be known as (The Jordan Securities Commission Fees Regulation for the Year 1999) and shall come into effect as of the date of its publication in the Official Gazette.

                Article (2)

                The terms used in this Regulation shall have the meanings ascribed thereto hereunder unless otherwise indicated by context:

                1. The Law The Securities Law in force.
                2. The Commission The Jordan Securities Commission.
                3. The Board The Board of Commissioners of the Commission.
                4. The Bourse Amman Bourse/The Stock Exchange

                Article (3)

                The Commission shall charge a fee for the registration of securities as follows:
                1- (0.003) three per thousand of the nominal value of the securities issued in the Kingdom, except for bonds, provided that the fee charged shall not exceed fifty-thousand Dinars.
                2- (0.0002) two per ten-thousand of the nominal value of the bonds issued by Jordanian public shareholding companies, provided that the fee charged shall not exceed five-thousand Dinar.
                The Commission shall not charge any fee for the registration of bonds issued by the government or any official public corporations or public corporations or municipalities.

                Article (4)

                The Commission shall charge an annual fee for the listing of securities on the Bourse as follows:

                1. (0.0002) two per ten-thousand of the nominal value of the securities issued in the Kingdom, except for bonds, provided that the fee charged shall not exceed two-thousand Dinars.

                2. (0.0002) two per ten-thousand of the nominal value of the bonds issued by Jordanian public shareholding companies, provided that the fee charged shall not exceed two-thousand Dinars.

                3. Two hundred fifty Dinars flat fee for each issue of bonds by the government or any official public corporations or public corporations or municipalities.

                Article (5)

                The Commission shall charge from parties dealing in securities on the Bourse a fee for such dealing at the rate of (0.0005) five per ten-thousand of the market value thereof.
                The Commission shall not charge any fee for dealing in bonds on the Bourse.

                Article (6)

                The Commission shall charge a flat fee for the licensing and the annual renewal of licensing of financial services companies and certified financial professionals as follows:
                 Financial services activities Fee per Dinar
                1. The Underwriter 2000
                2. Investment Management, Management of Primary Issues or Depository Services 1000
                3. Financial Brokerage 500
                4. Financial Advisory or Investment Trusteeship 250
                5. Certified Financial Professional 25
                If the Board decides to grant a license to practice any of the financial services activities other than those listed in Paragraph (a) of this Article, the Commission shall charge a licensing or renewal fee for any of such at the amount of five-hundred Dinars.

                Article (7)

                The Commission shall charge fees for the registration, listing, and dealing in non-Jordanian securities registered, listed or dealt in the Kingdom equal to the fees stipulated by the provisions of this Regulation or the fees charged by the country issuing such securities subject to reciprocal treatment.

                Article (8)

                The Commission shall charge a flat fee of one thousand Dinars for the registration of investment funds.

                Article (9)

                The Commission may charge fees for services provided for others whether direct services, or printed, visual, audio or copied data or information, the amount of which shall be determined by instructions issued by the Board for this purpose.

                Article (10)

                The Board shall issue the necessary instructions for the implementation of the provisions of this Regulation





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