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The Securities
Regulations
Appendix A - Table 1
Fees
Definitions
1(1) In this section:
(a)
A Saskatchewan small business security issuer means a security issuer that is registered in accordance with General Ruling/Order 18 made by the Commission and entitled The Saskatchewan Small Business Security Issuers Order, 1990;
(b)
A small business incentive corporation means a corporation registered pursuant to The Small Business Investment Incentives Act;
(c)
A venture capital corporation means a corporation registered pursuant to The Venture Capital Tax Credit Act.
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Registration
(2) The fee:
Dealers
(a) on each application for registration as a dealer, other than a security issuer, regardless of the number of categories of registration to which the application relates is:
(i) $750; and
(ii) $100 for each additional branch office of the applicant in Saskatchewan at the date of application;
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Security issuer
(b) on application for registration as a security issuer who is not a venture capital corporation, a small business incentive corporation or a Saskatchewan small business security issuer is $300;
(c) on application for registration as a security issuer who is a venture capital corporation, a small business incentive corporation or a Saskatchewan small business security issuer is $250;
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Salesperson, officer or director
(d) on application for registration as a salesperson, partner or officer of a registered dealer, other than a security issuer who is a venture capital corporation, a small business incentive corporation or a Saskatchewan small business security issuer, is $250;
(e) on application for registration as a salesperson, partner or officer of a registered security issuer who is a venture capital corporation, a small business incentive corporation or a Saskatchewan small business security issuer is $100;
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Adviser
(g) on each application for registration as an adviser regardless of the number of categories of registration to which the application relates is:
(i) $750; and
(ii) $100 for each additional branch office of the applicant in Saskatchewan at the date of application;
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Adviser - partner or officer
(h) on application for registration as a partner or officer of a registered adviser is $250;
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Salesperson, Partner and Officer Course
(i) on application to attend the Salesperson, Partner and Officer Course offered by the Commission to a person who is a salesperson, partner or officer of a venture capital corporation, a small business incentive corporation or a Saskatchewan small business
security issuer is $25;
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Mineral lease broker
(j) on application for registration as a mineral lease broker is $400;
(k) on application for registration as a salesperson, partner or officer of a mineral lease broker is $250;
(l) on application for transfer as a salesperson, partner or officer of a registered dealer or a mineral lease broker is $100;
Amendments
(m) on application for amendment to registration of a dealer, underwriter, adviser or mineral lease broker is $100;
(2.1) The annual registration fee payable by registered firms and registered individuals pursuant to Local Instrument 33-503 is the amount that the registered firm and the registered individual are require to pay on application for registration pursuant to
subsection (2).
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(3) The fee on filing of
Prospectuses
(a) a preliminary prospectus or pro forma prospectus, as the case may be, is $1,000 per issuer;
(a.1) a preliminary base shelf prospectus filed pursuant to National Instrument 44-102 Shelf Distributions is $1,000.00.
(a.2) a shelf prospectus supplement filed pursuant to National Instrument 44-102 Shelf Distributions is $1,000.00.
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Offering memorandum - venture capital corporation
(b) an offering memorandum with respect to a distribution of securities of a venture capital corporation is $500 per issuer;
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Offering memorandum - qualified investor exemption
(c) an offering memorandum prepared pursuant to clause 81(1)(s), (y) or (aa) of the Act is $500 per issuer;
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Annual information forms
(d) an annual information form for an issuer other than a mutual fund:
(i) is $600 per issuer where the issuer intends to qualify future sales of its securities pursuant to National Instrument 44-101 Short Form Prospectus Distributions and
(ii) is $100 per issuer where the issuer:
(A) does not intend to qualify future sales of its securities as described in subclause (i); and
(B) files an annual information form pursuant to Saskatchewan Local Instrument 51-501 Annual Information Form and Management’s Discussion and Analysis;
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Statement of material facts
(e) a statement of material facts pursuant to subclause 82(1)(b)(ii) of the Act is $1,000 per issuer;
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Amendments to prospectus, offering memorandum, etc.
(f) an amendment to a preliminary prospectus, pro forma prospectus, prospectus, offering memorandum, annual information form, or statement of material facts is $100 per issuer;
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Additional classes of securities under prospectus, offering memorandum, etc.
(g) a preliminary prospectus, pro forma prospectus, offering memorandum or statement of material facts where those documents offer more than one class or unit of security of an issuer is $250.00 per each additional class or unit or security so offered over and
above the fees set out in clauses (a) to (f) above;
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Natural resource company property report
(h) a report filed by a natural resource company with respect to its property and the development of it is $100 per report;
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Technical report
(i) a technical report filed with a preliminary prospectus, pro forma prospectus, prospectus, offering memorandum or statement of material facts is $100 per report;
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Prospecting syndicating agreement
(j) a prospecting syndicating agreement is $100 per agreement.
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(4) The fee on filing of:
Recognition as exempt purchaser
(a) an application for recognition by the Commission as an exempt purchaser or a renewal of that recognition is $350 per purchaser;
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Notice of exercise of certain options
(b) a notice pursuant to subclause 39(1)(m)(iv) or 81(1)(f)(iv) of the Act or pursuant to both of those subclauses is $350;
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De minimus rights offering
(c) an offer or other document pursuant to subclause 39(1)(o)(ii) or 81(1)(h)(ii) of the Act or pursuant to both of those subclauses is $100;
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Rights offering
(d) a notice pursuant to subclause 39(1)(o)(iii) or 81(1)(h)(iii) of the Act or pursuant to both of those subclauses is $350;
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Reports of trade
(e) a report pursuant to subsection 81(4) of the Act:
(i) is the greater of $100 or $50 per purchaser with respect to a trade pursuant to clause 81(1)(d) of the Act; and
(ii) is $100 with respect to a trade pursuant to any other provision of the Act;
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Certificate of non-default
(f) an application pursuant to subsection 81(15) of the Act is $100 per issuer;
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Exemption from registration and prospectus requirements
(g) an application for a ruling pursuant to section 83 of the Act is $400;
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Amendment to ruling re exemption from registration and prospectus requirements
(h) an application for an amendment to a ruling made pursuant to section 83 of the Act:
(i) where the aggregate proceeds of the issue involved could exceed $700,000 is $300;
(ii) for a ruling other than one described in subclause (i) is $100;
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Annual financial statements
(i) an annual financial statement pursuant to Part XIV of the Act or of a finance company or pursuant to a decision of the Commission is $100 per issuer;
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Filing under 51-902 (formerly GRO 25)
(j) Form A pursuant to 51-902 Exemption from Certain Financial Requirements is $100 per issuer;
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Cease to be a reporting issuer
(k) an application pursuant to section 92 of the Act is $100 per issuer;
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Take-over and issuer bids
(l) a take-over bid circular or issuer bid circular pursuant to section 109 of the Act is $550;
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Notice of request for hearing
(m) a notice of request for hearing and review pursuant to subsection 10(2) of the Act is $100;
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Exemption from take-over bid requirements
(n) an application pursuant to section 113 of the Act is $400;
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All other applications for request to commission where no fee stated
(o) an application or request to the Commission or the Director that is not otherwise provided for in these regulations is $250;
[For example:
section 89 - waiver of continuous disclosure under section 89,
section 97 - waiver of proxy requirements
sections 122, 124, 126 and 130 - waiver of mutual fund conflict provisions
section 130 - waiver of insider trading requirements
section 160 - general exemption provision
section 146 of Regulations - take-over or issuer bid evaluation waiver]
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Other amendment applications
(p) an application for an amendment to a decision of the Commission or the Director that is not otherwise provided for in these regulations is $100;
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General document filing fee
(q) any document pursuant to Part VII [exemptions from registration requirement], XIII [exemptions from prospectus requirement] or XVI [take-over and issuer bid requirements] of the Act or a regulation made pursuant to any of those Parts,
other than a press release, that is not otherwise provided for in these regulations is $30 per document.
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(5) The fee:
Examination under section 20
(a) for an examination by a person appointed under section 20 of the Act is the amount equal to the amount paid by the Commission for the examination but not exceeding $750 per day per person;
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Transcripts
(b) for transcripts is:
(i) $3.50 per page; or
(ii) where that transcript is requested on a basis that the Commission considers expedited, is $4 per page;
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Copies of documents
(c) for copies of documents in the public records of the Commission is 50 cents per page;
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Certification of documents
(d) for certification of any documents or extracts of any documents in addition to the cost of the copy is $10 per certification;
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No fee required
(6) No fee is required with respect to:
(a)
Repealed. 25 Sep 92 SR 87/92 s2.
(b) a request for consent to the release of securities from, or the transfer of securities within, escrow;
(c) unless otherwise specified in these regulations, an application for amendment to registration as a salesperson of a registered dealer, a partner or officer of a registered dealer or registered adviser or a mineral lease salesperson;
(d) any matter that does not require the formal consent or approval of the Commission or the Director.
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Hearings
(7) The costs of or related to a hearing that the Commission may order pursuant to subsection 161(1) of the Act are:
(a) administrative costs in the amount of $1,000 for each day or partial day of hearing;
(b) costs for time spent by the staff of the Commission on matters preliminary to the hearing in the amount of $50 per hour for each person involved;
(c) disbursements properly incurred by the Commission staff, including travel costs;
(d) the amount paid by the Commission to a person appointed pursuant to section 8, 12 or 14 of the Act, to a maximum of $1,000 for each day of the investigation, plus all charges for the costs of the investigation;
(e) fees paid to an expert or witness, in the amount of the actual fees paid, to a maximum of $200 per hour for each person involved;
(f) travel costs paid to a witness;
(g) travel costs and disbursements properly incurred by an expert;
(h) costs for legal services, in the amount of the actual fees paid, to a maximum of $200 per hour for each person involved; and
(i) disbursements properly incurred by a person providing legal services.
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Investigations
(8) The costs of an investigation that the Commission may order pursuant to subsection 161(3) of the Act are:
(a) $500 for each day or partial day of an investigation conducted by Commission staff, plus all disbursements properly incurred by the Commission staff in connection with the investigation, including travel costs; and
(b) the amount paid by the Commission to a person appointed pursuant to section 8, 12 or 14 of the Act, to a maximum of $1,000 for each day of the investigation, plus all charges for the costs of the investigation.
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Deposit agents
2(1) In this section:
(a)
A deposit agent means a person who or company that accepts, receives or solicits funds from a person or company for transmission to a financial institution for investment in a guaranteed investment certificate where the financial institution pays a commission
or other benefits to that person or company;
(b)
A financial institution means:
(i) a bank to which the Bank Act (Canada) applies;
(ii) a credit union to which The Credit Union Act, 1985 applies;
(iii) an insurer licensed pursuant to The Saskatchewan Insurance Act; and
(iv) a trust corporation or loan corporation licensed pursuant to The Trust and Loan Corporations Act;
(c)
A sub-agent includes a person who or company that does not transmit funds directly to a financial institution but does transmit funds to another deposit agent for transmission to the financial institution.
(2) The fee payable by the deposit agent on filing an annual report is $50.
(3) The fee payable by a deposit agent on filing a consolidated list of its sub-agents is $25 for each sub-agent.
(4) The fee payable by a financial institution on filing an annual consolidated list of its deposit agents is $75.
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