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6. Trusts

(1) Where an interest in shares is comprised in property held on trust, every beneficiary of the trust is taken to have an interest in shares, subject as follows.
(2) So long as a person is entitled to receive, during the lifetime of himself or another, income from trust property comprising shares, an interest in the shares in reversion or remainder shall be disregarded.
(3) A person is treated as not interested in shares if and so long as he holds them as a bare trustee or custodian trustee under the laws and regulatiaons applicable in the Abu Dhabi Global Market.