Requires computation and payment in Bahraini dinars unless the Law provides otherwise and leaves conversion rules to the Regulations.
What should you do now?Document exchange-rate source, date and converted currencies and apply the rule consistently across relevant entities.
What does the official Article provide?
The official source is Arabic. This English commentary is explanatory and is not presented as an official translation.
Requires computation and payment in Bahraini dinars unless the Law provides otherwise and leaves conversion rules to the Regulations.
This is a verified summary, not a substitute quotation. The complete official Arabic text is linked below and must be read with the Regulations and later decisions for a final decision.
What does the Article mean in plain language?
EUR thresholds do not make the whole computation euro-denominated; test currency, reporting currency and payment currency must be separated and converted correctly.
The filing constituent entity, compliance and finance teams and Bahrain group members.
Document exchange-rate source, date and converted currencies and apply the rule consistently across relevant entities.
Using a discretionary rate or payment-date rate for every annual amount.
Related Articles
Before relying on the result
Is the Article enough on its own?
Usually not. The Decree-Law states the rule, the Regulations detail the computation or procedure and guidance explains application. Use all three for an obligation, amount or deadline.
Are OECD materials binding by themselves?
Not every international document is Bahrain legislation by itself. It is used within the Law's referrals or a competent adoption instrument, while current Bahrain legislation and decisions remain controlling.