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Sep 25 2005 onwards

RM23/2005 Takeovers, Appeals and Designated Investments Rules Instrument 2005



The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and:

(a) having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the rules and in Annexes A, B and E to this instrument; and
(b) having concluded that it would be prejudicial to the interests of the Dubai International Financial Centre to delay the making of the rules in respect of Designated Investments in order to allow public consultation to be undertaken in respect of the rules, hereby make the rules in Annexes C and D to this instrument.

Commencement

(1) This instrument shall come into force:
(a) in respect of the rule amendments in Annexes C and D on 25 September 2005; and
(b) in respect of the rules or rule amendments in all other Annexes on 26 September 2005.

Amendments to Modules

(2) The Authorised Market Institutions (AMI) — AMI/VER1/04-05 is amended in accordance with Annex A to this instrument and the Module as amended by this instrument may be identified by the following reference — AMI/VER2/09-05.
(3) The Glossary Module (GLO) — GLO/VER4/08-05 is amended in accordance with Annex B and Annex C to this instrument and the Module as amended by this instrument may be identified by the following reference — GLO/VER5/09-05.
(4) The General Module (GEN) — GEN/VER4/08-05 is amended in accordance with Annex C to this instrument and the Module as amended by this instrument may be identified by the following reference — GEN/VER5/09-05.
(5) The Offered Securities Module (OSR) — OSR/VER2/08-05 is amended in accordance with Annex D to this instrument and the Module as amended by this instrument may be identified by the following reference — OSR/VER3/09-05.

Citation

(6) This instrument may be cited as the Takeovers, Appeals and Designated Investments Rules Instrument 2005.
(7) Annex E to this instrument may be cited as the Takeover Rules or TKO.
(8) This version of rules in Annex E to this instrument may be identified by the following reference — TKO/VER1/09-05.

By Order of the Board
Dr Habib Al-Mulla
Chairman

September 2005
RM 23/2005

Click here to download Annex A in PDF format.

Click here to download Annex B in PDF format.

Click here to download Annex C in PDF format.

Click here to download Annex D in PDF format.

Click here to download Annex E in PDF format.