Contents
1.The administrator of one or more critical benchmarks shall pay an annual supervisory fee:
(a)of EUR 300000, in cases where ESMA chairs a college of supervisors pursuant to Article 46 of Regulation (EU) 2016/1011;
(b)of EUR 250000, in cases where ESMA does not chair a college of supervisors pursuant to Article 46 of Regulation (EU) 2016/1011.
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