PART 1: GENERAL
1. Name
These Regulations may be cited as the AIFC Foundations Regulations 2019.
2. Commencement
These Regulations commence on 1 April 2019.
3. Legislative authority
These Regulations are adopted by the Governor under paragraph 1 of article 3 and article 4 of the Constitutional Statute and subparagraphs 3) and 3-1) of paragraph 9 of the Management Council Resolution on AIFC Bodies.
4. Application of these Regulations
These Regulations apply within the jurisdiction of the AIFC.
5. Interpretation
(1) Schedule 1 (Interpretation) contains definitions and other interpretative provisions used in these Regulations.
(2) Schedule 2 (Application of the AIFC Arbitration Regulations) contains provisions relating to the application of the AIFC Arbitration Regulations in relation to these Regulations.
(3) Schedule 3 (Fines) contains fines applicable for Contravention of these Regulations.