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Fees rise will net $4m

Government will net $4 million in 2012/13 as a result of fee increases approved by Senators.

One major increase aims to deter people who start planning developments before getting permission, by increasing retroactive application fees to ten times the normal fee for planning applications.

The majority of Government fees will go up by three percent, however.

The Upper House also passed the Government Fees (Trade Marks and Service Marks) Amendment Regulations, which allows for three percent increases in trade mark fees.

Both sets of amended regulations were passed without opposition from the One Bermuda Alliance.

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Published March 24, 2012 at 8:48 am (Updated March 24, 2012 at 8:48 am)

Fees rise will net $4m

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