GEN A1.1.3

Past version: effective from 01/01/2006 - 29/11/-0001
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A sum is not a Deposit if it is received:

(a) by a lawyer registered as an Ancillary Service Provider and acting in his professional capacity;
(b) by an accountant registered as an Ancillary Service Provider and acting in his professional capacity;
(c) by an Authorised Firm or an Authorised Market Institution authorised under its Licence to carry on any one or more of the following Financial Services:
(i) Dealing in Investments as Principal;
(ii) Dealing in Investments as Agent;
(iii) Arranging Credit or Deals in Investments;
(iv) Managing Assets;
(v) Operating a Collective Investment Fund;
(vi) Effecting Contracts of Insurance;
(vii) Carrying Out Contracts of Insurance;
(viii) Operating an Exchange;
(ix) Operating a Clearing House;
(x) Insurance Broking;
(xi) Insurance Management;
(xii) Managing a Profit Sharing Investment Account; or
(xiii) Providing Trust Services.
in the course of or for the purpose of any such Financial Service disregarding any applicable exclusions in chapter 2; or
(d) by a Person as consideration for the issue by him of a Debenture.

Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
[Amended][VER7/01-06]