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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).