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. |