Fillable Form 24f-2 Annual Notice Of Securities Sold (Page 6 of 6) in pdf

Item 5(vii) - The Commission determines the rate for calculating the registration fee (the “fee rate”) according to

section 6(b) of the Securities Act [15 U.S.C. 77f(b)]. The registration fee is calculated by multiplying the net sales amount

(Item 5(v)) by the fee rate. The fee rate is subject to change from time to time, without notice, by act of Congress through

appropriations for the Commission or other laws. Issuers should determine the current fee rate before they file by referring

to section 6(b) and any law or regulation affecting section 6(b). Issuers also may check the Commission’s latest fee rate

advisory, which is available under “Press Releases” on the “News & Public Statements” page of the Commission’s Internet

site at Unless otherwise specified by act of Congress, the fee rate in effect at the time of filing applies

to all securities sold during the fiscal year, regardless of whether the fee rate changes during the year.

10. Item 5(viii) - If the issuer reports net redemptions or repurchases in Item 5(vi), report “0” in Item 5(viii).

11. Item 6 - If the issuer has sold securities during the fiscal year that were registered under rule 24e-2 as in effect prior

to October 11, 1997 (and thus are pre-paid), the issuer should exclude the pre-paid securities from Item 5(i) and instead

report them in Item 6. If, after deducting the pre-paid securities from the aggregate sale price of securities sold during the

fiscal year, there is a balance of pre-paid shares remaining, the issuer should report those pre-paid shares that remain.

Example: An issuer sold 1,000,000 shares, and had 1,250,000 shares which were pre-paid because they had previously

been registered pursuant to rule 24e-2. Item 5(i) should show the aggregate sale price was 0, and Item 6 should show that

1,000,000 pre-paid shares were used and that 250,000 pre-paid shares remain.

D. Computation of Interest Due if Form is Filed Late

Item 7 – Section 24(f) requires any issuer that pays its registration fee after the Due Date (see Instruction A.2) to pay

interest to the Commission on fees that are not paid on time. The payment of interest does not preclude the Commission

from bringing an action to enforce the requirements of section 24(f). Under section 11 of the Debt Collection Act [31 U.S.C.

3717(a)], the interest rate is published by the Secretary of the Treasury. The rate is computed annually and is effective on

January 1 each year. In some circumstances the rate may be changed on a quarterly basis. Filers owing interest should

verify the current interest rate. Filers can find the rate by looking for the “current value of funds rate” on the Treasury

Department’s Financial Management Service Internet site at , or by calling (202) 874-6995.

The interest is assessed only on the amount of the registration fee due, and begins to accrue on the day after the Due

Date. The amount of interest due should be calculated based on the interest rate in effect at the time the interest payment

is made using the following formula:

I = (X) (Y) (Z/365)

where:

I = Amount of interest due

X = Amount of registration fee due

Y = Applicable interest rate, expressed as a fraction

Z = Number of days by which the registration fee payment is late

Payment and Signature

Item 9 - Identify which SEC account number (payor’s CIK number) was designated to receive the payment.

The Form must be signed on behalf of the issuer by an authorized officer of the issuer. See rule 302 of Regulation S-T

[17 CFR 232.302] regarding signatures on forms filed electronically.

SEC’s Collection of Information

An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays

a currently valid control number. Filing of this Form is mandatory. The principal purpose of this collection of information is

to enable issuers to calculate the registration fee payable to the Commission. The Commission estimates that the burden

for completing the Form will be approximately 2 hours per filing. Any member of the public may direct to the Commission

any comments concerning the accuracy of the burden estimate of this Form, and any suggestions for reducing this burden.

This collection of information has been reviewed by the Office of Management and Budget in accordance with the clearance

requirements of 44 U.S.C. § 3507. The responses to the collection of information will not be kept confidential.

Form 24f-2 Annual Notice Of Securities Sold Page 6

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