6.1. AFSA and the Registrar of Companies may require supplementary fees in certain cases

6.1.1. The AFSA and the Registrar of Companies may require a Person, AIFC Participant or applicant, to pay a supplementary fee to the AFSA or the Registrar of Companies in circumstances where substantial additional costs are expected to be incurred when dealing with an application or conducting ongoing supervision or dealing with a particular supervisory event.

6.1.2. In case of dealing with an application the AFSA or Registrar of Companies will notify the applicant as soon as reasonably practicable that a supplementary fee is likely to be required, in order that the applicant may make an informed decision as to whether to make representations, withdraw or modify its application.

6.1.3. If a supplementary fee is required, the AFSA or Registrar of Companies will notify the Person, AIF participant or applicant as soon as reasonably practicable of the amount of the supplementary fee. The Person, AIFC participant or applicant must pay the supplementary fee within the period specified in the notification.

6.1.4. The AFSA may issue guidance on supplementary fees required from AIFC Participants when conducting ongoing supervision or dealing with a particular supervisory event.