The Mayor shall promulgate rules, in accordance with subchapter I of Chapter 5 of Title 2 , setting fees for filing and indexing initial financing statements and for other services rendered under this part. The rules promulgated under subsection (a) shall set a basic fee for filing and indexing an initial filing statement in cases in which the record is communicated electronically or by another nonwritten medium authorized by filing-office rule. If the record is communicated in writing and consists of one or 2 pages, the fee shall be 2 times the basic fee. If the record is in writing and consists of more than 2 pages, the fee shall be 4 times the basic fee. The number of names required to be indexed does not affect the amount of the fee in subsection (b). This section does not require a fee with respect to a record of a mortgage which is effective as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut under § 28:9-502(c) . However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.
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