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Article 154 Of Chapter 13
Section: Transitional Provisions

In accordance with the provisions of this Law, the current Kuwait Stock Exchange Market shall be considered a licensed Securities Exchange. It shall organize its affairs according to the provisions of this Law and the Executive Bylaws hereof, particularly those related to the conditions and controls of licensing, within a period of one year from the date of publishing the Executive Bylaws in the Official Gazette. All resolutions, instructions, and internal resolutions of Kuwait Stock Exchange remain in effect until they are cancelled or amended by the Authority according to the provisions of this Law and its Executive Bylaws.

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