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  • Part 6: Part 6: Interpretation and Definitions

    • Article 27 - Interpretation

      (1) In these Regulations, a reference to: a provision of any law or regulation includes a reference to that provision as amended or re-enacted from time to time:
      (A) 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;
      (B) a calendar year shall mean a year of the Gregorian calendar;
      (C) a month shall mean a month of the Gregorian calendar;
      (D) the masculine gender includes the feminine and the neuter;
      (E) writing includes any form of representing or reproducing words in legible form; and
      (F) a Person is, where the context permits, to any Person in respect of which the QFC Authority has jurisdiction under or pursuant to the QFC Law or these Regulations (or any other Related Regulations) or whose conduct or activities are or may be subject to the QFC Law or any such Regulations.
      (2) The headings in these Regulations shall not affect its interpretation.
      (3) A reference in these Regulations to a Schedule, an Article or a Part using a short form description of such 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.
      (4) A reference in these Regulations to a Part, Article or Schedule by number only, and without further identification, is a reference to a Part, Article or Schedule of that number in these Regulations.
      (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 reference 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, Chief Executive Officer, Director General, director or similar expressions are, where the context permits, a reference to the Person holding that office from time to time.

    • Article 28 - Definitions

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

       

      Applicant a Person submitting an Application
      Application an application :
      (A) for a Licence or variation or withdrawal of a Licence under Part 4 of these Regulations;
      (B) for an approval of a Person to undertake a specified function under Rules made under these Regulations including the appointment of a Person as a Key Person or Interest Holder; or
      (C) for Guidance or a waiver (or revocation or variation of a waiver) of Rules as the context requires
      Authorised Firm a body corporate, partnership or un-incorporated association which has been granted and continues to hold an Authorisation granted by the Regulatory Authority
      Board the Board of Directors of the QFC Authority
      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
      Confidential Information information of a confidential nature received by the QFC Authority in the exercise of its functions other than information:
      (A) which was, prior to such receipt, in the public domain or which has come into the public domain other than as a result of a contravention of Article 16;
      (B) is a summary, collation, redaction or statistical representation or analysis of information from which it is not possible to ascertain that it relates to a particular Person
      Council of Ministers the Council of Ministers of the State
      CRO the Companies Registration Office established pursuant to Article 7 of the QFC Law
      Data Protection 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 processing of personal data in the QFC
      Director General the Director General of the QFC Authority
      Employment Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to employers and employees in the QFC
      Entity a body corporate or partnership or un-incorporated association carrying on a trade or business with a view to profit
      Establishment the head office, a branch or permanent place of business of an Entity
      Guidance guidance issued, or to be issued, by the QFC Authority under Article 14
      Immigration Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the entry into the State and sponsorship of Persons in the QFC
      Interest Holder has the meaning given in QFCA Rule 13.3
      Key Person has the meaning given in QFCA Rule 13.3
      Licence a licence, approval or authorisation to operate in the QFC issued by the QFC Authority pursuant to Article 11.1 of the QFC Law
      Licensed Firm a body corporate, partnership or unincorporated association which has been granted and continues to hold a Licence granted by the QFC Authority
      LLP Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the incorporation of Limited Liability Partnerships and related requirements and procedures
      Minister the Minister of Economy and Commerce of the State
      Permitted Activities the activities listed in Schedule 3 of the QFC Law or designated by the Council of Ministers under Article 10(1) of the QFC Law
      Person includes a natural or legal person, body corporate, or body unincorporate, including a branch, company, partnership, unincorporated association or other undertaking, government or state
      QFC the Qatar Financial Centre
      QFC Authority or QFCA the Qatar Financial Centre Authority established pursuant to Article 3 of the QFC Law
      QFC Institution the QFC Companies Registration Office and any arbitral body or other institution or body created under Article 6 or Article 9 of the QFC Law
      QFC Law Law No. (7) of 2005 of the State
      Regulated Activities has the meaning set out in Article 23 of the Financial Services Regulations
      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
      Related Regulations any Regulations conferring powers, duties or functions on the QFC Authority or with respect to which the QFC Authority has powers, duties or functions (whether by virtue of delegation, assignment or otherwise)
      Rules Rules made by the QFC Authority pursuant to these Regulations or any other Regulation pursuant to which the QFC Authority has power to make rules, including, where the context permits, standards, principles and codes of practice
      State the State of Qatar
      TDR Regulations Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the Tribunal and the resolution of disputes
      Tribunal the tribunal to be established or established pursuant to the TDR Regulations
      Amended (as from 6th April 2022).