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AU-6.3.6A

For appointed representativesG , the annual fee must be paid by the licensed principalG . The fee for registered appointed representativesG , that are unincorporated individuals is a fixed amount of BD 25. For incorporated appointed representativesG , the fixed annual fee is based on the number of designated individuals within the corporate entity that are the representatives of the insurance firm. For incorporated appointed representativesG that have:

(a) 1 to 10 designated individuals, the fee is BD500;
(b) 11 to 20 designated individuals, the fee is BD 1000; and
(c) More than 20 designated individuals, the fee is BD1500.
Amended: July 2013
Adopted: October 2009
 Versions
(2 Versions)
 
Oct 1 2009 - Jun 30 2013Jul 1 2013 onwards
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