Library / Gas Trading and Settlement Regulations 2023
Gas Trading and Settlement Regulations 2023

Page 29 of 31
B 171
SCHEDULES
FIRST SCHEDULE
Regulation 58
FEES
1.  The following fees specified in Table I, shall be payable for the issuance
of a gas exchange licence or clearing house authorisation by the Authority —
TABLE I
  S. No.
Activity
Fee (USD)
1.
 Application fee for Gas Trading Licence or Clearing House
Authorisation :
 (a)  Gas  Trading Licence
100,000
 (b)  Clearing House Authorisation
100,000
2.  The annual administrative charges specified in Table II, shall be
payable by a gas exchange or a clearing house for every subsequent financial
year after issuance of the licence or authorisation granted by the Authority,
and shall be based on commissions received on all transactions taking place
on the exchange.
TABLE  II
  S/N
Particulars
Amount (USD)
1.
Annual Administrative Charges
To be paid by the Gas Exchange
(a)  100,000 or 20% of the exchange
commission on value of transaction,
excluding taxes, during the relevant
financial year, whichever is higher ; and
(b)  20% of the application or renewal
fee, paid by members of the exchange,
excluding taxes, during the relevant
financial year.
2.
 To be paid by the Clearing House
50,000 or 20% of the commission,
excluding taxes, during the relevant
financial year, whichever is higher.