4.2.2 Conditions for registration

(1) The CRO may not register a Company as a Special Company unless:
(A) the Articles of Association of the Company comply with the conditions stated in Article 25 of the QFC Special Company Regulations; and
(B) the QFC Authority has granted a Licence to the Company to conduct Special Purpose Company Activities or Holding Company Activities as applicable.
Amended (as from 19th October 2017).