‹ SCHEDULE 2: Form of Proxy Enactment Notice › Investment Clubs Regulations 2016 QFC Reg No 19 – QFC Investment Clubs Regulations Enactment Notice Part 1: Application, Commencement and Interpretation Article 1 - Citation Article 2 - Application Article 3 - Commencement Article 4 - Language Article 5 - Interpretation Article 6 - Power of QFC Authority and QFC Regulatory Authority to make rules Article 7 - Qatari Nationality Part 2: Companies Registration Office Article 8 - Application of the companies regulations Part 3: Limited Liability Company (Investment Clubs) Section 1: Establishment, Objects and Corporate Capacity Article 9 - Limited Liability Company (Investment club) Article 10 - Objects of an Investment Club Article 11 - Corporate capacity Article 12 - Transactions entered into prior to corporate existence Section 2: Incorporation Article 13 - Incorporation of an Investment Club Article 14 - Registration Article 15 - Provision of Information Section 3: Members and Share Capital Article 16 - Members Article 17 - Rectification of register of Members Article 18 - Allotment of Shares Article 19 - Subsequent Allotment of Shares Article 20 - Return as to allotments Article 21 - Allotment of Shares at a discount Article 22 - Transfer of Shares Article 23 - Transfer of Shares requires QFC Authority Non-objection Article 24 - Issue of certificates Article 25 - Rights Attaching to Shares Article 26 - Alteration of Share Capital Article 27 - Class Rights Article 28 - Reduction of Share Capital Article 29 - Power of an Investment Club to purchase own shares Article 30 - Prohibition of Financial Assistance Article 31 - Dividends and Other Distributions Article 32 - Consequences of an unlawful dividend or other distribution Section 4: Names and Change of Names Article 33 - Registration of Name Article 34 - Change of Name Article 35 - Effect of Change of Name Article 36 - Power to Require Change of Name Article 37 - Improper Use of Limited Liability Company (Investment Club) Article 38 - Similarity of Names Section 5: Registered Office Article 39 - Situation of Registered Office Article 40 - Change of Registered Office Section 6: Formalities of Carrying on Business Article 41 - Requirement to Keep Internal Company Registers Article 42 - Name to Appear Outside Place of Business Article 43 - Disclosures Required of an Investment Club in the Use of its Name Section 7: Annual Return Article 44 - Duty to Deliver Annual Returns Article 45 - Contents of Annual Return Section 8: Articles of Association Article 46 - Standard Articles of Association Article 47 - Alteration of Articles of Association Article 48 - Articles Binding on Investment Club and Members Section 9: Directors and Secretary Article 49 - Appointment of Directors Article 50 - Removal of Directors Article 51 - Powers of Directors Article 52 - Duties of Directors Article 53 - Directors' Interests Article 54 - Prohibition of Financial Assistance to Directors Article 55 - Payment to Directors for Loss of Office Article 56 - Validity of Acts of Director Article 57 - Senior Executive Function Article 58 - Appointment of Secretary Article 59 - Exemption, Indemnification and Liability of Officers Article 60 - Insurance of Officers Section 10: Meetings and Resolutions Article 61 - General Meetings Article 62 - CRO's Power to Call Meeting in Default Article 63 - Requisition of Meetings of Members Article 64 - Notice of Meetings Article 65 - General Provisions as to Meetings and Votes Article 66 - Proxies Article 67 - Right to Demand a Poll Article 68 - Representation of Entity at Meetings Article 69 - Circulation of Members' Resolution Article 70 - Conditions to be met before investment club bound to give notice of resolution Article 71 - Resolutions in Writing of Members Article 72 - Directors Meetings and Written Resolutions Article 73 - Participation in Meetings Article 74 - Minutes Article 75 - Filing of Resolutions Section 11: Accounting and Audit Requirements Article 76 - Appointment of Administration Officer and Maintenance of Accounting Records Article 77 - Location of Accounting Records Article 78 - Financial Year of an Investment Club Article 79 - Investment Club Accounts Article 80 - Provision of Copy of Accounts to Members Article 81 - Publication of Accounts Article 82 - Qualification of Auditor Article 83 - Appointment and Removal of Auditor Article 84 - Remuneration of Auditor Article 85 - Resignation of an Auditor Article 86 - Auditor's Report to Investment Club Article 87 - Powers and Duties of Auditor Article 88 - Auditor's Right to Information Article 89 - Obstruction of Auditor Part 4: Obligations and Contraventions Article 90 - General Contraventions Article 91 - Involvement in Contraventions Article 92 - Imposition of Financial Penalties Article 93 - Transactions Article 94 - Custodian Part 5: Other Provisions Relating to the CRO Article 95 - Application of the Companies Regulations Part 6: Application to the QFC Civil and Commercial Court Article 96 - Application of the Companies Regulations Part 7: Reporting Article 97 - Application of the Companies Regulations Part 8: Register of Financing Statements Article 98 - Application of the Companies Regulations Part 9: Acquisition of Minorities in Take-Overs Article 99 - Application of the Companies Regulations Part 10: Interpretation and Definitions Article 100 - Interpretation Article 101 - Definitions Schedule 1: Contraventions with Financial Penalties Stipulated Schedule 2: Financing Change Statement ‹ SCHEDULE 2: Form of Proxy Enactment Notice ›