• Commercial Licensing Regulations 2015 (Exemptions) Order 2018

     

    Date of Adoption: 11 February 2018

    The Board of Directors of the Abu Dhabi Global Market, pursuant to section 8(1) of the Commercial Licensing Regulations 2015, hereby makes the following order:-

    • 1. Citation and interpretation

      (1) This Order may be cited as the Commercial Licensing Regulations 2015 (Exemptions) (Amendment) Order 2018.
      (2) In this Order, "Regulations" means the Commercial Licensing Regulations 2015.
      (3) In this Order, “2015 Order” means the Commercial Licensing Regulations 2015 (Exemptions) Order 2015.
      (4) Terms used in this Order which are defined in the Regulations shall have the meanings given to them in the Regulations.

    • 2. Exemption

      For the purposes of section 8 of the Regulations, the International Bank for Reconstruction and Development and the International Development Association, commonly known as the “World Bank”, shall each be an exempt person, and shall each be added to the Schedule of exempt persons listed in the 2015 Order.