ARTICLE 29-D: FEES PAID BY GENERAL WAREHOUSES OF DEPOSIT FOR INSPECTION AND SURVEILLANCE SERVICES PROVIDED BY THE NATIONAL BANKING AND STOCK COMMISSION (CNBV)

The entities or subjects referred to in this article, including the subsidiaries of foreign financial entities of any kind, will pay for the inspection and surveillance services provided by the National Banking and Stock Commission (Comisión Nacional Bancaria y de Valores), the following fees:

Each entity that belongs to the General Warehouses of Deposit sector, being understood for that purpose, to the entities that have authorization to be constituted and operate as such in terms of the applicable legislation, must pay annually the right of inspection and surveillance for an equal amount to the sum of a fee equivalent to the result of the sum of the following amounts:

The fee resulting in accordance with the provisions of this section, in no case may be less than ..................................................................................................................... $422,238.00

Each entity that belongs to the Sector of Development Banking, being understood therefore those that according to the Credit Institutions Law (Ley de Instituciones de Crédito) have such character, must pay annually the right of inspection and surveillance for an amount equal to the result of the sum of the following amounts :

The fee resulting in accordance with the provisions of this section may in no case be less than ........................................................................................................ $8,125,778.00

Each entity that belongs to the Multiple Banking sector, being understood for that purpose, to the entities that have authorization to establish and operate as such in terms of the Credit Institutions Law (Ley de Instituciones de Crédito), must pay annually the right of inspection and surveillance for an amount equivalent to the result of the sum of the following quantities:

The fee resulting in accordance with the provisions of this section, in no case may be less than ..................................................................................................... $ 4,875,467.00

Each entity that belongs to the sector of brokerage firms, being understood for such purposes, to the entities that have authorization to establish and operate as such in terms of the applicable legislation, must pay annually the right to inspect and monitor a fee equivalent to the result of the sum of the following amounts:

The fee resulting in accordance with the provisions of this section may in no case be less than the amount resulting from multiplying 0.083 by the minimum capital required to operate as a brokerage firm, in accordance with the applicable provisions.

Each entity that belongs to the Exchange Houses sector, being understood for such purposes, to the entities that have authorization to establish themselves and operate as such in terms of the applicable legislation, must pay annually the right of inspection and surveillance for an amount equivalent to result of the sum of the following quantities:

The fee resulting in accordance with the provisions of this section may in no case be less than ............................................................................................................ $ 650,062.00

Each entity that belongs to the Real Estate sector, which is why those real estate companies that own or manage assets destined for the offices of credit institutions or brokerage firms or credit unions, in terms of the Credit Institutions Law (Ley de Instituciones de Crédito), of the Law of the Marketc of Values (Ley del Mercado de Valores) or the Credit Unions Law (Ley de Uniones de Crédito), as applicable, will pay a fee equivalent to the result of multiplying 0.432864 per thousand, for the value of its equity capital.

The fee resulting in accordance with the provisions of this section, in no case may be less than ...................................................................................................................... $ 97,462.00

If they choose to pay the fee equivalent to the result of the sum of the amounts obtained from the operations contained in subsections a), b) and c) above, such fee may in no case be less than $28,241.64 for each of the popular financial companies, community financial corporations or rural financial bodies agencies supervised by the Federation in question.

Shall opt to pay the fee equivalent to the result of the sum of the amounts obtained from the operations contained in subsections a), b) and c) above, in no case such fee may be less than $28,241.64 for each company that oversees the Auxiliary Supervision Fund of Cooperative Savings and Loan Societies and Protection of their Savers (Fondo de Supervisión Auxiliar de Sociedades Cooperativas de Ahorro y Préstamo y de Protección a sus Ahorradores).

The fee resulting from the application of the option provided in this section may in no case be less than $30,596.90.

When investment companies pay rights for registration of their shares in the National Registry of Securities (Registro Nacional de Valores), no additional fees for inspection and surveillance will be paid in the corresponding fiscal year.

Each entity that belongs to the Credit Unions sector, being understood for such purposes, to the entities that are authorized to establish and operate as such in terms of the applicable legislation, will pay a fee equivalent to the result of the sum of the following amounts:

The fee resulting in accordance with the provisions of this section may in no case be less than: ............................................ $260,025.00

The Rural Financial, will pay a fee equivalent to the result of the sum of the following amounts:

Public trusts, which under the Credit Institutions Law (Ley de Instituciones de Crédito) form part of the Mexican Banking System, will pay a fee equivalent to the result of the sum of the following amounts:

The Institute of the National Fund for the Consumption of Workers will pay a fee equivalent to the result of the sum of the following amounts:

The Institute of the National Housing Fund for Workers will pay a fee equivalent to the result of the sum of the following amounts:

Each company that belongs to the Multiple Regulated Object Financial Companies sector, being understood for that purpose, to the companies that in terms of the General Law of Organizations and Auxiliary Activities of Credit (Ley General de Organizaciones y Actividades Auxiliares del Crédito), shall maintain patrimonial links with credit institutions or controlling companies of financial groups of those that are part of credit institutions, will pay a fee equivalent to the result of the sum of the following amounts:

The fee resulting in accordance with the provisions of this section may in no case be less than: ........................................... $812,578.00

Each entity that belongs to the sector of controlling companies of financial groups, understanding the controlling companies provided for in the Law to Regulate Financial Groups, will pay the amount resulting from multiplying 0.008129 per thousand for the total assets of the consolidated balance sheet with subsidiaries.

The fee resulting in accordance with the provisions of this section may in no case be less than: .......................................... $1,182,265.00

The Housing Fund of the Institute of Social Security and Services of State Workers, will pay a fee equivalent to the result of the sum of the following amounts:

In the preparation of the arithmetic calculations referred to in sections I to X and XII to XX of this article, shall not be considered the negative results that, if applicable, are obtained during the process of calculating the fee, shall not be considered, except as provided in subsection b) of section VI of this article.