• PART 5 PART 5 TRADING DISCLOSURES

    • 24. Legibility of displays and disclosures

      Any display or disclosure of information required by this Part must be in characters that can be read with the naked eye.

    • 25. Requirement to display registered name at registered office and inspection place

      (1) Every company registered under the Companies Regulations and every person licensed under the Commercial Licensing Regulations shall display its full legal name at —
      (a) its registered office, and
      (b) in the case of companies registered under the Companies Regulations only, any inspection place.
      (2) Paragraph (1) shall not apply to any company registered under the Companies Regulations which has at all times since its registration been dormant.
      (3) Paragraph (1) shall also not apply to the registered office or an inspection place of a person where —
      (a) in respect of that person, a liquidator, administrator or administrative receiver has been appointed, and
      (b) the registered office or inspection place is also a place of business of that liquidator, administrator or administrative receiver.

    • 26. Requirement to display registered name at other business locations

      (1) This Rule applies to a location other than a person's registered office in Abu Dhabi Global Market or, in the case of a company registered under the Companies Regulations, any inspection place.
      (2) A company registered under the Companies Regulations and every person licensed under the Commercial Licensing Regulations shall display its legal name at any such location at which it carries on business.
      (3) But paragraph (2) shall not apply to a location which is primarily used for living accommodation.
      (4) Paragraph (2) shall also not apply to any location at which business is carried on by a person where —
      (a) in respect of that person, a liquidator, administrator or administrative receiver has been appointed, and
      (b) the location is also a place of business of that liquidator, administrator or administrative receiver.
      (5) Paragraph (2) shall also not apply to any location at which business is carried on by a company registered under the Companies Regulations of which every director who is an individual is a relevant director.
      (6) In this Rule —
      (a) "administrative receiver" has the meaning given by section 152 of the Insolvency Regulations 2015,
      (b) "credit reference agency" has the meaning given in section 229(7) of the Companies Regulations,
      (c) "protected information" has the meaning given in section 226 of the Companies Regulations, and
      (d) "relevant director" means an individual in respect of whom the Registrar is required by Rules made pursuant to section 229(4) of the Companies Regulations to refrain from disclosing protected information to a credit reference agency.

    • 27. Manner of display of name

      (1) This Rule applies where a person is required to display its legal name at any office, place or location.
      (2) Where that office, place or location is shared by no more than five persons who are subject to the requirement to display their legal name at any office, place or location, the registered name shall be so positioned that it may be easily seen by any visitor to that office, place or location and shall be displayed continuously.

    • 28. Name to appear in communications

      (1) Every company registered under the Companies Regulations and every person licensed under the Commercial Licensing Regulations shall disclose its legal name on —
      (a) its business letters, notices and other official publications,
      (b) its bills of exchange, promissory notes, endorsements and order forms,
      (c) cheques purporting to be signed by or on behalf of that person,
      (d) orders for money, goods or services purporting to be signed by or on behalf of the company,
      (e) its bills of parcels, invoices and other demands for payment, receipts and letters of credit,
      (f) its applications for licences to carry on a controlled activity in or from the Abu Dhabi Global Market (including any application for the issuance or renewal of a licence under the Commercial Licensing Regulations), and
      (g) all other forms of its business correspondence and documentation.
      (2) Every company registered under the Companies Regulations and every person licensed under the Commercial Licensing Regulations shall disclose its legal name on its website(s).

    • 29. Further particulars to appear in business letters, order forms and websites

      (1) Every company registered under the Companies Regulations shall disclose the particulars set out in paragraph (2) on —
      (a) its business letters,
      (b) its order forms, and
      (c) its websites.
      (2) The particulars are —
      (a) the company's registered number, and
      (b) the address of the company's registered office.

    • 30. Disclosure of names of directors

      (1) Where a company registered under the Company Regulation's business letter includes the name of any director of that company, other than in the text or as a signatory, the letter must disclose the name of every director of that company.
      (2) In paragraph (1), "name" has the following meanings —
      (a) in the case of a director who is an individual, "name" has the meaning given in section 154(2) of the Companies Regulations, and
      (b) in the case of a director who is a body corporate or a firm that is a legal person under the law by which it is governed, "name" means corporate name or firm name.

    • 31. Disclosures relating to registered office and inspection place

      (1) A company registered under the Companies Regulations shall disclose —
      (a) the address of its registered office,
      (b) any inspection place, and
      (c) the type of company records which are kept at that office or place, to any person it deals with in the course of business who makes a written request to the company for that information.
      (2) The company shall send a written response to that person within five working days of the receipt of that request.

    • 32. Interpretation

      In this Part —

      (a) "company record" means —
      (i) any register, index, accounting records, agreement, memorandum, minutes or other document required by the Companies Regulations to be kept by a company, and
      (ii) any register kept by a company of its debenture holders,
      (b) "inspection place" means any location, other than a company's registered office, at which a company keeps available for inspection any company record which it is required under the Companies Regulations to keep available for inspection,
      (c) a reference to any type of document is a reference to a document of that type in hard copy, electronic or any other form, and
      (d) in relation to a company, a reference to "its websites" includes a reference to any part of a website relating to that company which that company has caused or authorised to appear.