In this act Article 5 of 7
Article 5 — Payment of the oversight fees
Financial servicesLevel 2Delegated RegulationDORAIn forceOfficial source
1.Critical ICT third-party service providers shall pay the oversight fees referred to in Article 43 of Regulation (EU) 2022/2554 to the Lead Overseer on an annual basis.
2.All oversight fees shall be invoiced and paid in euro. Debit notes for oversight fees shall set payment terms of at least 30 days.
3.All oversight fees shall be paid based on a single instalment basis. Critical ICT third-party service providers which will be subject to oversight activities on 1 January of a given year shall pay the debit note by 30 April of that year. Critical ICT third-party service providers designated throughout the year shall pay the fees referred to in Article 4 in a single instalment by 31 December of that year.