Book traversal links for Article (3)
Article (3)
Effective from 12/5/2013Administrative violations of and fines on third party health Insurance Administrators shall be determined according to the following table:
Serial No. | Violation Description | Amount of Fine in AED |
1 | Delay in the renewal of company registration in the Register for each month of delay subject to a maximum of AED 3,000 for each year of delay, with any part of a month calculated as a full month. | 300 |
2 | Delay in the renewal of company branch registration in the Register for each month of delay subject to a maximum of AED 1,000 for each year of delay, with any part of a month calculated as a full month. | 100 |
3 | Delay in the Annotation of data amendment in the Register for each month of delay subject to a maximum of AED 1,000 for each year of delay, with any part of a month calculated as a full month. | 100 |