Retirement Benefits Scheme Levy
Under regulation 23(1) of the Uganda Retirement Benefits Regulatory Authority (Licensing of Retirement Benefits Schemes) Regulations, 2012 as amended in 2017
No. | Item | Amount of Fees |
---|---|---|
1. | Application fee for a licence to establish and operate a retirement benefits scheme which receives- | |
(a) voluntary contributions | nil | |
(b) mandatory contributions | 50 Currency Points | |
2. | Licence fees paid by a retirement benefits scheme which receives- | |
(a) voluntary contributions | nil | |
(a) mandatory contributions | 250 currency points | |
3 | Compulsory Annual levy paid by a retirement benefits scheme which receives- | |
(a) voluntary contributions | 0.025% of the Total Asset Value in the statement of financial position | |
(b) mandatory contributions | of the scheme for the previous financial year 0.05% of the Total Asset Value in the statement of financial position of the scheme for the previous financial year |