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Article (3)

  1. The definitions of (The Ministry), (The Minister), (The Director General), (The Authority ”IA”) shall be deleted from Article (1) of the Federal Law No. (6) of 2007 referred to herein.
  2. Subject to the provisions of Decretal Federal Law No. (14) of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities and the Amendments Thereto, Articles number (6), (7), (8), (9), (10), (11). (12), (13), (14), (15), (16), (17), (19), (20), (21), (22), (120), (121), and paragraph (c) of Article (119) of Federal Law No. (6) of 2007 referred to herein shall be cancelled.
  3. Any provision contravening or conflicting with the provisions of this Decretal Law shall be cancelled.