FER 3.12.1

(1) A Recognised Body must pay to the DFSA the initial annual fee specified in (2) for the initial period of recognition between the date of its recognition and the end of the year.

(2) The initial annual fee is calculated as the annual fee specified in Rule 3.12.2, multiplied by the number of whole calendar months between the date of recognition and the end of the year divided by 12.

Derived from DFSA RM152/2015 (Made 10th June 2015). [VER10/06-15]
[Amended] DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]