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Article One

The Exchange's Operations Department may transfer the ownership of shares owned by shareholders outside Bahrain, subject to a Power of Attorney authenticated by one of the following authorities:

1. Notarization and justice offices.
2. Chambers of Commerce in the transferee's country.
3. Commercial banks in the transferee's country.
4. Registration or transfer offices of the companies whose shares are to be transferred.
5. Any other official authority approved by the Exchange.

The person who authenticated the transferee's signature shall be legally liable for the genuineness of his signature.