UAE Central Bank and Financial Institutions Decree-Law — Article 138 — Section Two: Financial Accounts: Article (138) Financial Year of Licensed Financial Institutions

The financial year for a Licensed Financial Institution shall begin on the first of January and end on the thirty first of December of each year, except for the first financial year, which begins from date of registration of the institution in the register of Licensed Financial Institutions referred to in Article (68) of this decree-law, and shall end at the end of the following financial year.

Interpretation and application must be checked against the official text and current version.