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Article (1)

Effective from 27/12/2009

In the application of the provisions of this Resolution, the following words and expressions shall have the meanings ascribed thereto below, unless the context otherwise requires:
 

The State/UAEUnited Arab Emirates
 
The LawThe Federal Law No. 6 of 2007 concerning the Establishment of the Insurance Authority and the Regulation of Insurance Business.
 
Companies LawThe Federal Law No. 8 of 1984 concerning Commercial Companies, and the amending laws thereof or the laws replacing it.
 
IA/AuthorityThe Insurance Authority
 
The BoardThe Board of Directors of the Insurance Authority
 
CompanyAn insurance company incorporated within the State and a foreign insurance company licensed to practice insurance activity in the State, wither through a branch or an agent, including companies practicing cooperative and Takaful insurance and reinsurance companies.