Family Arrangements Regulations

The Board of Directors of DIFCA, in the exercise of the powers conferred on them by: 

a) Article 151 of the Companies Law No. 5 of 2018; 

b) Article 9 of the Foundations Law No. 3 of 2018; 

c) Article 58 of the General Partnership Law No. 11 of 2004; 

d) Article 57 of the Limited Partnership Law No. 4 of 2006;

e) Article 42 of the Limited Liability Partnership Law No. 5 of 2004; and

f) Article 46 of the Operating Law No. 7 of 2018, 

hereby make these Regulations. 

1. INTRODUCTION 

1.1 Title, repeal and transitional arrangements 

1.1.1

These Regulations may be cited as the “Family Arrangements Regulations 2023”. 

1.1.2

These Regulations repeal and replace the Single-Family Office Regulations (SFO Regulations) issued by the Board of Directors of the DIFCA on 27 December 2011 (the “Previous Regulations”) as they were in force immediately prior to the commencement of these Regulations. 

1.1.3

Except where otherwise provided in these Regulations, anything done or omitted to be done pursuant to or for the purposes of the Previous Regulations is deemed to be done or omitted pursuant to or for the purposes of these Regulations. 

1.1.4

A Single-Family...