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Resolution No. (12) of 1991 in Respect of Procedural Controls Pertaining to The Transfer of Shares Ownership by Individuals from outside The State of Bahrain

The Director of the Exchange:

After perusal of Amiri Decree No. (4) of 1987, pertaining to the establishment and organization of the Bahrain Stock Exchange;

And Resolution No. (13) of 1988, in respect of the issuance of the Bahrain Stock Exchange's Internal Regulations and its Amendments;

And the Exchange's Board of Directors Resolution No. (1) of 1990, concerning cases exempted from trading;

And upon the Bahrain Stock Exchange's Board of Directors Resolution No. (2) of 1990, concerning some controls of trading in securities;

RESOLVED AS FOLLOWS: