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Regulation 2

SCHEDULE

Regulation 12

SCHEDULE 1AMOUNT OF COMMISSION ON PURCHASE AND SALE OF STOCK

Purchases

Amount of ConsiderationRate of Commission
Where the consideration for the transaction—
(a) does not exceed £5,000£5 or 0.6% of the consideration, whichever is greater.
(b) exceeds £5,000£30 and 0.35% of the amount by which the consideration exceeds £5,000

Sales

Amount of ProceedsRate of Commission
Where the proceeds of the transaction—
(a) do not exceed £5,0000.6% of the proceeds
(b) exceed £5,000£30 and 0.35% of the amount by which the proceeds exceed £5,000.