112. Determination Of Application To Registrar For Authorisation To Seek Continuance Outside Of The Abu Dhabi Global Market
Past version: effective from 29/04/2020 - 28/04/2020
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(1) If, on an application under section 111 (application to Registrar for authorisation to seek continuance overseas) to the Registrar–
(a) it is satisfied that the application complies with that section and with section 100(2) (bodies corporate which are eligible for continuance), and
(b) the applicant has paid all application fees (if any),
the Registrar may grant the application on the condition specified in subsection (2) and on such other conditions (if any) as it may specify in its decision.
(2) It shall be a condition of the grant of any application made under section 111 (application to Registrar for authorisation to seek continuance overseas) that the applicant will ensure–
(a) that the Registrar is informed of the date on which continuance will be or is granted in the other jurisdiction, and
(b) that a copy of the instrument of continuance in the other jurisdiction, certified to be a true copy, is delivered to the Registrar,
in sufficient time to enable the Registrar to comply with section 113 (effect of continuance outside the Abu Dhabi Global Market).
(3) On determining the application, the Registrar shall inform the applicant of its decision.