Article 74 - Definitions
The following words and phrases shall where the context permits have the meaning shown against each of them:
Address |
in relation to a
(A) if an individual, his usual residential address; and
(B) if an
|
Authorised Firm | a person that has been granted an authorisation in accordance with Part 5 of the Financial Services Regulations |
Body Corporate |
any body corporate, whether incorporated or constituted in the |
Branch |
a branch of a |
Business | includes every trade, profession and occupation |
Companies Regulations |
Regulations enacted or to be enacted by the |
Council of Ministers | the Council of Ministers of the State |
CRO | the Companies Registration Office established pursuant to Article 7 of the QFC Law |
Designated Member | shall be construed in accordance with Article 15 of these Regulations |
Document | includes any document in writing, including, where permitted, a document in writing in electronic form |
Entity |
a |
IFRS | International Financial Reporting Standards |
Incorporation Document | shall be construed in accordance with Article 9 of these Regulations |
Liabilities | includes any amount reasonably necessary to retain for the purpose of providing for any liability or loss which is either likely to be incurred or certain to be incurred but uncertain as to the amount or as to the date on which it will arise |
Limited Liability Partnership | a limited liability partnership incorporated under these Regulations |
Limited Liability Partnership Agreement |
in relation to a |
Member |
a member of a |
Minister | the Minister of Economy and Commerce of the State |
Name |
in relation to a
(A) if an individual, his forename and surname (or, in the case of a person usually known by a title, his title instead of or in addition to either or both of his forename and surname); and
(B) if an
|
Non-QFC Limited Liability Partnership |
a body incorporated or otherwise established outside the |
Prescribed Fee | a fee prescribed in rules made by or approved by the QFC Authority |
Prescribed Form | a form prescribed by or approved by the QFC Authority |
Principal Representative | a person appointed under Article 45(2)(A) of these Regulations |
QFC | the Qatar Financial Centre |
QFC Authority | the Qatar Financial Centre Authority established pursuant to Article 3 of the QFC Law |
QFC Civil and Commercial Court | The civil and commercial court established by the QFC Law |
QFC Law | Law No.(7) of 2005 of the State (as amended) |
Records |
|
Registrar |
the |
Regulations |
Regulations enacted by the |
Regulatory Authority |
the |
Regulatory Tribunal | the tribunal established by the QFC Law |
Security Regulations | Regulations enacted or to be enacted by the Minister pursuant to the QFC Law relating to the giving and taking of security |
Schedule |
a schedule to these |
State | the State of Qatar |
UK GAAP | generally accepted accounting principles in the United Kingdom |
US GAAP | generally accepted accounting principles in the United States of America |
Amended by QFCA RM2012-1 (as from 11th April 2012) |