Entire Section
GEN 2.4 GEN 2.4 Accepting deposits
GEN 2.4.1
In GEN Rule 2.2.2
Accepting Deposits meansAccepting Deposits where:(a) money received by way ofDeposit is lent to others; or(b) any other activity of thePerson accepting theDeposit is financed, wholly or to a material extent, out of the capital of or returns on any money received by way ofDeposit .
Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]