Submit Annual Declaration Notification

The DirRP or an Agent can submit an Annual Declaration notification only for an "Active" scheme and only after he receives the first reminder email (30 days prior to expiry date).

 

If an Annual Declaration Notification is not made after the first reminder email, a second reminder email will be sent (14 days prior to the expiry date) to notify the DirRP or Agent to make the annual declaration. When the expiry date of the scheme has passed, the status of the scheme will be changed to "Active Pending Removal". CISNet will send the DirRP an email informing the DirRP that the scheme will be removed from the List of Schemes and that the scheme may no longer be offered.

 

For notifications with status "Active Issues", the issues have to be resolved off-line with MAS first before the DirRP or Agent can submit an Annual Declaration.

 

During the annual declaration, the scheme details will be locked for endorsement by the DirRP, or where applicable, the POA. No other action with respect to the notification may be performed prior the completion of the endorsement process by the DirRP, or where applicable, the POA.

 

To submit an Annual declaration:

 

   1. On the scheme's information page, click the Annual Declaration tab.

Scheme's information page (tab menu)

 

Instructions on submitting an Annual Declaration are displayed.

Instructions page

 

   2. Read the instructions carefully, then click Next. The scheme details are displayed in read only format. (If you wish to change any of the scheme details, please do so by submitting an amendment notification before making an Annual Declaration.)

 

Fund Information

 

  

Click the Print form details hyperlink to view the notification in PDF format. You are prompted with a File Download window.

 

   3. Click Next to proceed to the Declaration page.

Declaration page (for DirRP or Authorized person for DirRP)

Declaration page (for Agent)

 

   4. Complete the Declaration section.

Director of the Responsible Person (DirRP) of the restricted scheme / Agent

Specify if you are a DirRP or an Agent by selecting the appropriate radio button.

Declaration

Mark the checkbox to complete your declaration.

 

   5. In the Access Code section, change/add the access code for the scheme if you wish to. This section will only be activated if you have declared that you are an Agent. This code will be used by the DirRP, and where applicable, the POA, to access and endorse the notification submitted by the Agent.

Check here to change/add the access code

Mark this checkbox to add an access code if no Agent was previously appointed, or to change the current access code assigned to the notification.

Access Code

Enter an access code once you have checked the box.

 

   6. Click Proceed with Annual Declaration. An acknowledgement page is displayed.

 

If you are an Agent, an endorsement hyperlink is sent to the DirRP, and where applicable, the POA, to access the notification. The DirRP, and where applicable, the POA, may (a) endorse, (b) amend and endorse or (c) reject the notification. You can only pay for the submitted notification after the DirRP, or where applicable, the POA, has endorsed the notification and you have received an email request from the DirRP to make payment. Click OK to return to the Main page.

Acknowledgement page (for Agent)

 

If you are a DirRP, the amount payable for the Annual Declaration notification and the new renewal date are displayed. You can click Proceed To Payment to pay the fee for the Annual Declaration. You have to make payment by the specified date.

Acknowledgement page (for DirRP or Authorized person for DirRP)

 

Related Topic:

Payments