1. Regulations and decisions of the Authority in force prior to the application of this Law by Decree shall continue to be enforced, provided that they do not conflict with the provisions hereof, until the regulations and decisions necessary for the application of the provisions of this Law by Decree are issued;

2. Subject to the provisions of this Law by Decree and the Articles of Association, the Emirates Investment Authority shall practice all powers and competencies of the General Assembly until the entry of new shareholders in accordance with the provisions of Article (8) hereof; and

3. The Board of Directors shall issue the regulations and decisions necessary for the application of the provisions of this Law by Decree within one year as of the effective date, especially the following:

    a. Financial Regulation;

    b. Human resources, payroll and compensation regulation;

    c. Material purchasing and contracting regulation;

    d. Revenue and credit regulation;

    e. Stores regulation; and

    f. Guide to delegating Financial and Administrative Powers.