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AU-6.3.6A

Past version: Effective from 01 Oct 2009 to 30 Jun 2013
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For appointed representatives, the annual fee must be paid by the licensed principal. The fee for registered appointed representatives, that are unincorporated individuals is BD 25. For incorporated appointed representatives, the fee is based on the number of designated individuals within the corporate entity that are the representatives of the insurance firm. For incorporated appointed representatives 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.
Adopted: October 2009