W 048/08 AUT — Lloyds TSB Offshore Limited
WAIVER NOTICE
| To | Lloyds TSB Offshore Limited |
| Address |
4th Floor East, The Gate, DIFC, PO Box 12140 Dubai, UAE |
| DFSA Firm Reference No. | F000192 |
| Notice No. | W048/2008 |
THE DFSA HEREBY GIVES NOTICE THAT:
The Rules specified in the table herein do not apply to the above mentioned Person.
RULES WAIVED
| Rulebook Module | Rule |
| AUT Chapter 10 | AUT 10.3.1 (a) |
CONDITIONS
The waiver in respect of the Rules specified above remains in effect for the duration of the period set out below on condition that the above named Person to whom this notice applies does not carry out any Financial Services in or from the Dubai International Financial Centre.
If the condition stated above is breached, this notice ceases to have effect forthwith and the Rules specified in the table herein apply to the above mentioned Person in the form set out in the applicable module of the Rulebook in force at the relevant time.
EFFECTIVE PERIOD
This notice comes into effect on 23 August 2008 and remains in force until 31 January 2009 or until further notice, whichever is the earlier.
INTERPRETATION
The provisions in this notice are to be construed in accordance with GEN section 6.2 as if these provisions are provisions of the Rulebook.
Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary (GLO). Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.
THIS NOTICE IS ISSUED UNDER ARTICLE 25 OF THE REGULATORY LAW 2004 BY:
| Name : | Michael Zamorski |
| Position : | Managing Director—Supervision |
| Date : | 20 July 2008 |