Central Bank Act, 1997

Payment of fees.

18.—(1) Subject to subsection (2), the Minister may, after consultation with the Bank, prescribe the fee to be paid to the Bank by any person supervised or regulated by it under any enactment and different fees may be prescribed for different classes of persons.

(2) Where the Minister proposes to prescribe a fee under subsection (1), he or she—

(a) shall notify the persons of the class to which the proposed fee relates of that proposed fee, and

(b) shall not prescribe the fee until he or she has considered any representations made to him or her within such period, being not less than two months after the date the notification was sent to each person concerned.