These Regulations shall be known as the Media Zone - Abu Dhabi Companies Regulations 2012.

These Regulations come into force on 31 January 2012 and supersede the Media Zone - Abu Dhabi Companies Registration Regulations 2008.

These Regulations may be amended or supplemented by the Authority.

These Regulations are made pursuant to the Authority's power and obligation to issue regulations that apply within the Zone under Law 12.

These Regulations regulate the conduct of Companies incorporated and Branches established within the Zone.

UAE Federal Law No. 8/1984 concerning Commercial Companies shall not apply in the Zone.

In these Regulations:

1. Accounting Standards means the International Financial Reporting Standards as set by the International Accounting Standards Board of the International Financial Reporting Standards Foundation;

2. Articles means the articles of association of a Company setting out the internal rules of the Company in accordance with clause 5;