11.1. Disapplication of other provisions of Companies Regulations and Companies Rules

11.1.1 The following provisions of the AIFC Companies Regulations do not apply to a Special Purpose Company:

1. (a) Part 12 (Recognised Companies);
2. (b) the provisions of Part 13 (Transfer of incorporation) about the transfer of incorporation to the AIFC (sections 151 to 155).

11.1.2 Provisions of the AIFC Companies Regulations relating to Recognised Companies, transfer of incorporation to the AIFC, Protected Cell Companies, and Investment Companies of the AIFC Companies Rules, do not apply to a Special Purpose Company.