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JASDEC Announced the Partial Revision of Fee Schedule, Effective on April 1, 2004.
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JASDEC has implemented the partial revision of fee schedule as follows. (Please refer to the attached PDF file for details.)
I.
Changes of Fees:
(1) With regard to the book-entry transfer and custody fees applicable to stocks, the declining fee schedule for large volume and its rates are revised as follows;
- Book-EntryTransfer Fee
For the non-exchange trade transfers, the declining fee schedule for large volume will become applicable to the classification of the amount of stocks ranging from 70 million to 100 million (60 % of basic rate) and that of over 300 million (40% of basic rate).
- Custody Fee
The declining fee schedule for large volume will become applicable to the deposit of over fifty billion shares (2.5% of basic rate).
(2) In respect of investment securities, preferred investment securities of financial institutions established by cooperative associations, and beneficiary certificates of investment trust, other than beneficiary certificates of listed exchange traded funds (ETF), the fee schedule will be changed, in the same manner as above item (1).
(3) Following the amendment of consumption tax law and introduction of the new tax-inclusive price display method since April, 2004, which obliges the price tag to carry the total amount of payment including consumption tax (including the equivalent amount to local consumption tax), treatment of the consumption tax applicable to the fees will be articulated.
II. Effective Date:
This revised fee schedule becomes effective on April 1, 2004
Click here for detail
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