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Article (35) Publication and Application

C 3/2023 Effective from 29/9/2023
35.1This Regulation shall be published in the Official Gazette in both Arabic and English and shall come into effect on the day of its publication.
35.2From the effective date of the Regulation, any person who is engaged in Financing activities and is not licensed by the Central Bank, must within ninety (90) days, apply to the Central Bank for a License or immediately cease undertaking all Financing activity.