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16.

In Section 3 (Defined Terms) of the Schedule 1, the definition of the following terms are deleted and replaced as follows:

Term Definitions
Companies Law DIFC Law No. 5 of 2018 relating to the incorporation of Companies.
Companies Registrar the person appointed to the office of Registrar under the Companies Law.
Parent a holding company as defined in Schedule 1 to the Companies Law.
Subsidiary a subsidiary as defined in Schedule 1 to the Companies Law.