Part 2 – Licensees Article (28) The Board5 shall, by decision, determine the various types of Regulated Activities for which Licenses may be issued and the required terms for prospective Licensees. In all cases no License shall be issued to any entity unless such entity is a juridical entity established pursuant to a decision issued by the Board5. Such juridical entity may, after obtaining the approval of the Board5, establish subsidiary companies to carry out certain Regulated Activities. Article (29) With exception to acquiring the nationality of the State, the provisions of Federal Law No (8) of 1984 regarding Commercial Companies and the amending or replacement laws thereof shall not apply to juridical entities8 licensed pursuant to this Federal Law by Decree and its Executive Orders to the extent provided in their memoranda and articles of association as approved by the Board5. The competent authorities shall be under an obligation to register such juridical persons. Article (30) All Licensees shall take into account the special needs and requirements regarding the type of service and Telecommunications Apparatus and ensure non-discrimination when providing such services and apparatus. Article (31) It is not permitted to conduct any Regulated Activity unless authorized by a License or exempted in accordance with the provision of this Federal Law by Decree or its Executive Order. 19

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