FER 3.1 FER 3.1 Authorised Firms (initial period)
FER 3.1.1(1) An
Authorised Firmmust pay to the DFSAthe initial annual fee specified in (2) for the initial period of regulation between the date of the grant of its Licenceand the end of the year.(2) The initial annual fee is the fee which was payable at the time of its application for the Licence, multiplied by the number of whole calendar months between the date of the grant of the Licenceand the end of the year divided by 12.
Derived from DFSA RM52/2007 (Made 1st December 2007). [VER1/12-07]