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Article (104): Intervention in Proceedings and Notification of Investigations

1)

Subject to the provisions of the Federal Civil Procedure Law, the CBUAE may request to intervene in any lawsuit filed before judicial authorities to which one of its parties is a Company or Insurance- Related Profession.

2)

All entities concerned with the implementation of the provisions of this Decree-Law and other entities shall notify the CBUAE of any investigations or measures taken against any Company or Insurance- Related Profession. The CBUAE may provide such authorities with any clarifications, data or information that it may deem appropriate in this regard.