The Internal By-Law of the Securities Depository Center for the Year 2017

Issued Pursuant to Article (76) of the Securities Law No. (18) for the Year 2017

Article (1)

This By-Law shall be called the "Internal By-Law of the Securities Depository Center for the Year 2017" and shall come into effect as of 26/10/2017.

Chapter One

Definitions

Article (2)

A-

The following words and expressions used in this By-Law shall have the meanings ascribed thereto hereunder unless the context indicates otherwise:

The Law

:

The Securities Law in force.

The Commission

:

The Securities Commission.

The Board

:

The Board of Commissioners of the Commission.

The Center

:

The Securities Depository Center.

The Board of Directors

:

The Center’s Board of Directors.

The Chief Executive Officer

:

The Center’s Chief Executive Officer.

The Market/Stock Exchange

:

The Amman Stock Exchange or any trading market in securities licensed by the Commission.

The Broker

:

The juristic person licensed as a financial broker or dealer.

The Custodian

:

The legal person licensed by the Commission to provide safe custody for securities.

The Public Issuer

:

The Issuer who has filed a prospectus that has become effective with the Commission.

The Member

:

The Center’s member.

B-

The words and expressions not defined in this By-Law shall have the meanings assigned to them in the Law unless the context indicates otherwise.