These Regulations will be cited as the Land Lease and Use Regulations.

The following words and phrases will have the meanings shown against each of them, unless the text indicates otherwise:

• Authority: will have the meaning given to it in the Free Zones Law.

• Beneficial Owner: a natural person who has, alone or with one or more other persons, complete ownership or Control over the entity, including a natural person who exercises full Control/ absolute effective powers over the entity regardless of legal ownership.

• Board: will have the meaning given to it in the Free Zones Law.

• Branch: a branch that is registered by the Originating Company pursuant to the Free Zones Legislation.

• Common Use Facilities: the common assets of the Free Zone that do not form part of:

  1. Designated Land; or