Authorised Firm must pay to the DFSA the initial annual fee
specified in (2) for the initial period of regulation between the date of
the grant of its Licence and 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 Licence and the end of
the year divided by 12.
Derived from DFSA RM52/2007 (Made 1st December 2007). [VER1/12-07]