| DESCRIPTION |
FEE |
| 1. Applying for the incorporation of a new credit union/caisse populaire - section 15(1) |
$2,500 |
| 2. Approval of the articles of incorporation - section 16(1) |
$2,500 |
| 3. Receipts for offering statements, based on face amount - section 77(1) |
$2,500+50 basis points - maximum $25,000 |
| 4. Receipts for statement of material change, based on face amount - section 80(1) |
$1,500+25 basis points |
| 5. Approval for capital variation - section 86 |
$5,000 |
6. Application by credit union/caisse populaire to be released from supervision:
a) supported by DICO - section 285(4)
b) not supported by DICO - section 285(4) |
No Charge
$2,500 |
| 7. Approval for a subsidiary - section 200 |
$2,500 |
| 8. Approval for amalgamation - section 309 |
$5,000 |
| 9. Approval for application for purchase or sale of assets - section 203 |
$1,000 |
| 10. Application to change from Class 1 credit union to Class 2 credit union - section 1.1 of Reg 76/95. |
$2,500 |
11. Applications:
a) Deeming Affiliation - section 5
b) Bond of Association - section 30
c) Stated Capital Reduction - section 72
d) Approval to Deal in Goods or Trade - section 174
e) Variation from A Prescribed Lending Limit - section 195 |
$500
$500
$500
$500
$500 |
12. Applications:
a) Language and Form of Name - section 19
b) Restrictions re Names - section 21
c) Reserving a Name - section 22
d) Payment to Withdrawing or Expelled Member - section 48(6)
e) Approval of Holding Own Shares - section 61
f) Withdrawals by Negotiable Instrument - section 182
g) Borrowing Power - section 183
h) Loans to Members - section 194 |
$250
$250
$250
$250
$250
$250
$250
$250 |
| 13. Examining and passing on applications or documents not specifically referred to in the Fee Schedule |
$500 |
Fees Made under the Financial Services Commission of Ontario Act, 1997, subsection 27(1)