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CMA LAW: Resolution No. (144) of 2023 Regarding Amendment of Some Provisions of Module Two and Module Eleven of the Executive Bylaws of CMA’s Law
Date Publish
22 October 2023
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (30) of 2023 held on 18/10/2023.
The Following Was Resolved
Article (1)
Appendix (4) Schedule of the CMA Services Fees of Module Two (Capital Markets Authority) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex (1) attached to this Resolution.
Article (2)
Module Eleven (Dealing in Securities) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex (2) attached to this Resolution.
Article (3)
The following Appendices of Module Eleven (Dealing in Securities) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments are hereby amended pursuant to Annex (3) attached to this Resolution:
1. Appendix (3) Application Form for the Company’s dealing in its Shares (Treasury Shares).
2. Appendix (6) Application Form for Issuance or Offering of Bonds/Bonds Program.
3. Appendix (8) Application Form for Issuance or Offering of Sukuk/Sukuk Program.
4. Appendix (13) Application Form for the Capital Decrease of a Shareholding Company.
5. Appendix (14) Application Form for the Issuance or Offering of Ordinary Shares of a Shareholding Company (Capital Increase of a Shareholding Company).
6. Appendix (16) Application Form for the Capital Restructuring of a Shareholding Company.
Article (4)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad Almelhem
Issued on: 22/10/2023.
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