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Fidelity Fund Certificate (FFC) Registration Form
FEES - REGISTRATION FOR FFC AGENT & PRINCIPAL FOR FIRST TIME
A. RENEWAL FEES (AGENT & AGENCIES)
- LATE RENEWAL PENALTY - N$ 1,000 (AFTER 31ST OCTOBER EVERY YEAR)
- LATE AUDIT REPORT PENALTY - N$ 1,000 (ADMISSION OF GUILT)
B. FULL YEAR - NEW AGENTS ENTERING MARKET FOR THE FIRST TIME FEES
- FULL YEAR (01 JANUARY - 31 DECEMBER)
- CASH DEPOSIT FEES TO BE PAID BY CLIENT
C. HALF YEAR - NEW AGENTS ENTERING MARKET FOR THE FIRST TIME FEES
- HALF YEAR (01 JULY - 31 DECEMBER)
- CASH DEPOSIT FEES TO BE PAID BY CLIENT
D. MEMBERSHIP FEES
- MEMBERSHIP FEES ARE PAYABLE ANNUALLY IN ORDER TO REMAIN A MEMBER.
- MEMBERSHIP DOES NOT INDICATE THAT THE PERSON IS A LICENSED ESTATE AGENT BUT A NON-PRACTICING MEMBER OF NEAB.
- NEGLIGENCE TO PAY THE ANNUAL MEMBERSHIP FEES MAY RESULT IN SUCH AGENT REWRITING THE NEAB ESTATE AGENT EXAMINATION BEFORE HE/SHE WILL BE ABLE TO PRACTICE AS AN ESTATE AGENT IN NAMIBIA.
- THE ESTATE AGENT MUST REGISTER IN THE PRESCRIBED MANNER TO BE ISSUED A VALID FIDELITY FUND CERTIFICATE (FFC).
E. NEAB BANKING DETAILS
- FULL YEAR (01 JANUARY - 31 DECEMBER)
- HALF YEAR (01 JULY - 31 DECEMBER)
- BOARD ENTRANCE FEES APPLY FOR NEW OR CHANGE
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