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3. Defined Terms

Past version: effective from 21/08/2014 - 13/09/2021
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In the Law, unless the context indicates otherwise, the defined terms listed below shall have the corresponding meanings:

Term Definition
Authorised Firm has the meaning given in Article 3 of Schedule 1 of the Regulatory Law 2004.
Authorised Market Institution has the meaning given in Article 3 of Schedule 1 of the Regulatory Law 2004.
Chief Executive has the meaning given in Article 3 of Schedule 1 of the Regulatory Law 2004.
Court The DIFC Court as established under Dubai Law.
DFSA The Dubai Financial Services Authority.
DFSA Board of Directors the governing body of the DFSA established under Chapter 2 of Part 2 of the Regulatory Law 2004.
DIFC the Dubai International Financial Centre.
DIFC Law has the meaning given in Article 2(c) of Schedule 1 to the Regulatory Law 2004.
Exempt Offer has the meaning prescribed in the Rules made under this Law.
Exempt Offeror a person specified in Article 13(2) of this Law and any person prescribed in the Rules made for the purposes of that Article.
Financial Markets Tribunal the Financial Markets Tribunal referred to in Article 26 of the Regulatory Law 2004.
FMT the Financial Markets Tribunal.
Investments has the meaning prescribed in the Rules made under the Regulatory Law 2004.
Law the Markets Law 2012.
Licence a licence granted by the DFSA under Chapter 2 of Part 3 of the Regulatory Law 2004.
Official List of Securities a list of Securities maintained by an Authorised Market Institution or the DFSA in accordance with this Law and the Rules made for the purposes of this Law.
Public Listed Company Has the meaning given in Article 3, Schedule 1 of the Regulatory Law 2004.
Reporting Entity Has the meaning given to that term in Article 38 of this Law.
Registered Auditor An auditor registered by the DFSA in accordance with Part 8 of the Regulatory Law 2004.
Ruler the ruler of the Emirate of Dubai.
Rules has the meaning given in Article 2 of Schedule 1 of the Regulatory Law 2004.
Securities has the meaning prescribed in the Rules made under the Regulatory Law 2004.
State United Arab Emirates
Takeover takeover and merger transactions however effected, including schemes of arrangements which have similar commercial effect to takeovers and mergers, partial bids, bid by a parent company for shares in its subsidiary and (where appropriate) share repurchases by general bid.