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Article 17 Transfer of Securities As Exempted Transactions

1. The Unit may transfer ownership of securities as exempted transactions, in accordance with the provisions of Article (36) of the Internal Regulations as amended.
2. The Unit shall, upon receipt of all the required transfer documents and fees from the transferee, perform the following:
(a) Verify the validity of the transfer as exempted transactions referred to in Article 17 (1) above.
(b) Allocate numbers in the system to the transferor and the transferee at their request, unless one of them or both have a number in the system.
(c) Carry out the transfer of ownership of the securities.