AU-5.2 AU-5.2 Annual License Fees
AU-5.2.1
Licensees must pay the relevant annual license fee to the CBB on 1st of December of the preceding year for which the fee is due.Amended: April 2014
January 2014AU-5.2.2
Licensees must pay an annual license fee of BD1,000.January 2014AU-5.2.3
All annual fees are collected by direct debit and all
licensees must ensure that they submit to the CBB the completed Direct Debit Authorisation Form (available under Part B of Volume 5) by 15th October prior to the year for which the fees are due.January 2014AU-5.2.4
For new
licensees , their first annual license fee of BD1,000 is payable when their license is issued by the CBB.January 2014AU-5.2.5
Where a license is cancelled (whether at the initiative of the firm or the CBB), no refund is paid for any months remaining in the calendar year in question, should a fee have been paid for that year.
January 2014