MIDDLE EAST FINANCE INTERNATIONAL LIMITED

(TRANSFER OF UNDERTAKING)

BILL

ARRANGEMENT OF CLAUSES

Page

Clause

1

1.

Short title

1

2.

Interpretation

3

3.

Appointed day

4.

Revocation of registration as a deposit-taking company

3

5.

Vesting of the undertaking in Emirates Bank

3

3

6.

Trust property and wills

4

7.

Supplementary provisions

8.

Accounting treatment of MEFIL and Emirates Bank

6

7

9.

Contracts of employment

7

10. Provident Fund and Gratuities

8

11.

Evidence: books and documents

8

12.

Part III of Evidence Ordinance (Cap.8)

8

13.

Evidence of vesting and transfer

10

14.

Interests in land

15.

Saving for enactments concerning banking institutions

10

10

16.

Saving for companies

10

17.

Saving

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