• PART 13: PART 13: Interpretation and Definitions

    • Article 212 - Interpretation

      (1) In these Regulations, a reference to:
      (A) a provision of any law or regulation includes a reference to that provision as amended or re-enacted from time to time;
      (B) an obligation to publish or cause to be published a particular document shall, unless expressly provided otherwise in these Regulations, include publishing or causing to be published in printed or electronic form;
      (C) a calendar year shall mean a year of the Gregorian calendar;
      (D) a month shall mean a month of the Gregorian calendar;
      (E) a reference to the masculine gender includes the feminine and the neuter;
      (F) writing includes any form of representing or reproducing words in legible form; and
      (G) a person includes any natural or juridical person, body corporate, or body unincorporate, including a branch, a company, partnership, unincorporated association, government or state.
      (2) The headings in these Regulations shall not affect its interpretation.
      (3) A reference in these Regulations to a Part, Section, Article or Schedule by number only, and without further identification, is a reference to a Part, Section, Article or Schedule of that number in these Regulations.
      (4) A reference in these Regulations to a Schedule, an Article or a Part using a short form description of such Schedule, Article or Part in parenthesis are for convenience only and the short form description shall not affect the construction of the Article or Part to which it relates.
      (5) A reference in an Article or other division or Schedule of these Regulations to a paragraph, sub-paragraph or Article by number or letter only, and without further identification, is a reference to a paragraph, sub-paragraph or Article of that number or letter contained in the Article or other division or Schedule of these Regulations in which that reference occurs.
      (6) Each of the Schedules to these Regulations shall have effect as if set out in these Regulations and reference to these Regulations shall include references to the Schedules.
      (7) Any reference in these Regulations to "include", "including", "in particular" "for example", "such as" or similar expressions shall be considered as being by way of illustration or emphasis only and are not to be construed so as to limit the generality of any words preceding them.
      (8) References to chairman, director or similar expressions are, where the context permits, a reference to the person holding that office from time to time.

    • Article 213 - Definitions

      The following words and phrases shall where the context permits have the meaning shown against each of them:

      Administration Order an order appointing a person as the Administrator of a Company.
      Administrator a person appointed under these Regulations to manage a Company's affairs, business and property.
      Arrangement has the meaning set out in Article 51.
      Authorised Firm a person that has been granted authorisation in accordance with Part 5 of the Financial Services Regulations.
      Branch a branch of a company, not incorporated in the QFC, registered in the QFC under the Companies Regulations 2005.
      Business Day a day on which Banks are open for ordinary business in the QFC.
      Companies Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the incorporation of Companies and related requirements and procedures.
      Company a Company incorporated under the Companies Regulations.
      Connected Person a director or shadow director of a Company or a person who, in the opinion of the QFC Court, is otherwise connected with a Company.
      Creditors' Committee a committee established pursuant to Section 3 of Part 5.
      Creditors' Voluntary Winding Up a winding up other than a Members' Voluntary Winding Up or a compulsory winding up by order of the QFC Court.
      CRO the Companies Registration Office established pursuant to Article 7 of the QFC Law.
      Financial Services Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the management, objectives, duties, functions, powers and constitution of the Regulatory Authority.
      Limited Liability Partnership a limited liability partnership established under the Limited Liability Partnership Regulations.
      Liquidating Company has the meaning set out in Article 106(1).
      Liquidation a Company goes into Liquidation if its members pass a Resolution For Voluntary Winding Up or an order for its winding up is made by the QFC Court at a time when it has not already gone into Liquidation by passing such a resolution.
      Liquidation Committee a committee appointed in accordance with Article 72(1) or 85, as the case may be.
      Liquidator includes, where the context allows, a Liquidator appointed provisionally.
      Limited Liability Partnership Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the establishment of Limited Liability Partnerships.
      Members' Voluntary Winding Up a winding up in the case of which a directors' declaration has been made in accordance with Article 63.
      Minister the Minister of Finance.
      Ordinary Resolution a resolution passed by simple majority of such members of a Company as (being entitled to do so) vote in person or, where proxies are allowed, by proxy at a meeting of the Company to which notice specifying the intention to propose the resolution has been duly given.
      Person any person and includes a natural or legal person, body corporate, or body unincorporated, including a branch, company, partnership, unincorporated association or other undertaking, government or state.
      QFC the Qatar Financial Centre.
      QFC Authority the Qatar Financial Centre Authority established pursuant to Article 3 of the QFC Law.
      QFC Court The Civil and Commercial Court established under Article 8 of the QFC Law.
      QFC Entity a Company incorporated under the Companies Regulations or an LLP incorporated under the LLP Regulations.
      QFC Law Law No. (7) of 2005 of the State.
      Regulations Regulations enacted by the Minister in accordance with Article 9 of the QFC Law.
      Regulatory Authority The Regulatory Authority of the QFC established pursuant to Article 8 of the QFC Law.
      Resolution For Voluntary Winding Up a resolution passed under Article 58.
      Secured Creditor a holder of one or more Security Interests which relate to the whole or substantially the whole of the Company's property.
      Security Interest has the meaning defined in the Security Regulations.
      Security Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the giving and taking of security.
      Shadow Director a person in accordance with whose directions or instructions the directors of a Company are accustomed to act (but so that a person is not deemed a Shadow Director by reason only that the directors act on advice given by him in a professional capacity).
      State the State of Qatar.
      Supervisor has the meaning set out in Article 53(5).