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Article (56): Examination of Financial Position

The assessment referred to in Article (55) above shall be conducted whenever the Company wishes to examine its financial position to determine the percentages of profits to be distributed to shareholders or policyholders, or whenever it wishes to announce this position.

The CBUAE may request that this assessment be made at any time before (3) three years, provided that a period of not less than one year has lapsed from the date of the last examination.