Amendment of some provisions of Qatar Financial Markets Authority Decision No 2/2011 to issue Offering & Listing of Securities on the Venture Market Rulebook
Article 1
Definition of the Advisor stipulated in Article (1) of Qatar Financial Markets Authority Decision No. 2/2011 shall be replaced with the following definition:
Advisor: The person who performs the tasks mentioned in Article (11) of this rulebook, whether for the purpose of offering, direct Listing or after Listing the company on the Market, as appropriate.
Article 2
The provisions of Articles (10), (11), (12), (21 item 4), (34, item 2), (46) of Decision No.(2) of 2011 shall be replaced with the following:
Article 10-Appointment of an Advisor
1. The Issuer ,applying to the QFMA for offering and Listing of Securities, shall appoint a Listing Advisor approved by the QFMA for this purpose.
2. The Issuer shall appoint a Listing Advisor for one year from the Listing date on the Market.