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Beneficial Ownership and Control Regulations (Fees) Rules 2024

Status

In force

Issuing Authority

ADGM

Effective date

XX.XX.XXXX

Official Link

https://

Date of Adoption: 19 November 2024

The Board of Directors of the Abu Dhabi Global Market, in implementation of section 23 of the Beneficial Ownership and Control Regulations 2022, hereby makes the following Rules:

1. Citation, commencement and interpretation

(1) These Rules may be cited as the Beneficial Ownership and Control Regulations (Fees) Rules 2024.

(2) These Rules shall come into force on the date of their publication.

(3) In these Rules-

"Regulations" means the Beneficial Ownership and Control Regulations 2022.

"relevant filing section" has the meaning ascribed to it in section 18A of the Regulations.

(4) In these Rules, unless the context otherwise requires-

(a) references to sections are to sections of the Regulations, and

(b) a reference to a "Rule" or "Rules" is a reference to these rules and a reference to a numbered Rule, Part or Schedule is to the rule, part or schedule of these Rules.

(5) Terms used in these Rules which are defined in the Regulations shall have the meanings given to them in the Regulations.

2. Fees payable in respect of late filings made to the Registrar

Schedule 1 to these Rules makes ...