287. Application of this Part

This Part 7 (Financial Markets and Netting) applies to any qualified financial contract, netting agreement or collateral arrangement (including any title transfer collateral arrangement) which is governed by the laws of the Abu Dhabi Global Market or which is entered into by a person incorporated or licensed in the Abu Dhabi Global Market or organised under a law of the Abu Dhabi Global Market, irrespective of the date on which such qualified financial contract, netting agreement or collateral arrangement was entered into.