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Article 1

Definitions of "Transfer Order" and "Currency" stipulated in Article (1) of the aforementioned Federal Decree-Law No. (14) of 2018 shall be replaced with the following definitions:

Transfer Order:

In connection with Financial Infrastructure System, shall mean any of the following instructions:

1.Instructions by a Participant to make funds at the disposal of another Participant, to be transferred, on a book-entry basis, in the accounts of the Settlement Institution for a Clearing and Settlement System;

2.Putting the funds in another way under the control of a Participant pursuant to the rules and procedures of the Financial Infrastructure System;

3.Instructions to discharge from liability to pay for the purposes of the operational rules of a clearing and Settlement System;

4. Instructions by a Participant either to settle an obligation by way of transferring book securities, or transferring those securities;

5.Instructions by a Participant which gives rise to assuming responsibility or discharge from the obligation to pay the amounts owed for retail operations.

Currency:

The UAE official national currency in the form of paper notes, metal coins and digital currency, and its unit is referred to as the "Dirham".