**Executive Summary**
This document is a notification from the Tamil Nadu Maritime Board amending Section XII of a previous notification regarding the scale of rates levied by the board. The amendment, sanctioned on April 21, 2017, specifies the annual license fee collectable for marine structure construction based on project cost, effective from the date of publication in the Tamil Nadu Government Gazette on July 26, 2017.
**Key Points / Main Content**
* **Subject:** Amendment to the scale of rates levied by the Tamil Nadu Maritime Board regarding license fees for marine structure construction.
* **Authority:** In exercise of the powers conferred by Sections 37, 38 and 39 of Tamil Nadu Maritime Board Act, 1995 (Tamil Nadu Act 4 of 1996) the Tamil Nadu Maritime Board has published this notification.
* **Amendment Details:** Section XII of Notification No. VI-(3a)/233(a)/2008 is amended to specify the annual license fee for the construction of Jetties, Piers, Quays, Wharves, or any other Marine Structure.
* **License Fee Structure (Annual):**
* Project Cost Less than Rs. 5 Lakhs: 2.5% subject to a minimum of Rs. 12,000/-
* Project Cost Rs. 5 Lakhs to less than Rs. 25 Lakhs: 2% subject to a minimum of Rs. 12,500/-
* Project Cost Rs. 25 Lakhs to less than Rs. 2 Crores: 1% subject to a minimum of Rs. 60,000/-
* Project Cost Rs. 2 Crores to less than Rs. 25 Crores: 0.2% subject to a minimum of Rs. 2,50,000/-
* Project Cost Rs. 25 Crores and above: Rs. 5,00,000
* **Effective Date:** The revised rates are effective from the date of publication of the notification in the Tamil Nadu Government Gazette.
**Impact Analysis**
**Stakeholder:** Developers/Construction Companies involved in Marine Structure Projects
**Impact:** Changes in licensing fees will directly affect project costs, potentially influencing project viability and investment decisions.
**Action Required:** Review current and planned projects and budget for the revised licensing fees as specified in the notification.
**Stakeholder:** Tamil Nadu Maritime Board
**Impact:** Responsible for enforcing the new licensing fees and revenue collection
**Action Required:** Update internal procedures and systems to reflect the amended licensing fees and ensure compliance.
Key Entities Referenced
Tamil Nadu Maritime Board Act, 1995 (Tamil Nadu Act 4 of 1996): The governing law for the Tamil Nadu Maritime Board, dictating its powers and functions.
Tamil Nadu Maritime Board: The entity issuing the notification regarding scale of rates levied for marine structures.
Tamil Nadu Government Gazette: The official publication where the notification and amendment are published.
Chennai: Location where the notification was issued.