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RPP 4-5-2

Under Article 76, the DFSA is also empowered to prohibit or require an Authorised Person to deal with any relevant property in a certain manner.3 The terms "dealing" and "relevant property" are defined in Article 76 as follows:

(a) "dealing" in relation to property includes the maintaining, holding, disposing and transferring of property; and
(b) "relevant property" in relation to an Authorised Person means:
(i) any property held by the person on behalf of any of the clients of the person, or held by any other person on behalf of or to the order of the person; or
(ii) any other property which the DFSA reasonably believes to be owned or controlled by the person.

3Article 76.

Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition
Amended (Made 21st August 2014). August 2014 Edition