Unified UAE Legislation Database

DIFC Law No. 5 of 2005 on Law of Obligations in the DIFC

Status

In force

Issuing Authority

Ruler of Dubai

Effective date

XX.XX.XXXX

Official Link

https://

List of amending documents:

Amendment Law DIFC Law No. 2 of 2022

Amendment Law DIFC Law No. 3 of 2024

 

PART 1 — GENERAL 

1. Title 

This Law may be cited as ‘The Law of Obligations 2005’. 

 

2. Legislative Authority 

This Law is made by the Ruler of Dubai. 

 

3. Application of the Law

 This Law applies in the jurisdiction of the Dubai International Financial Centre. 

 

4. Date of enactment 

This Law is enacted on the date specified in the Enactment Notice in respect of this Law. 

 

5. Commencement 

This Law comes into force on the date specified in the Enactment Notice in respect of this Law.

 

 6. Interpretation 

Schedule 1 contains: 

a. interpretative provisions which apply to this Law; and 

b. a list of defined terms used in this Law. 

 

7. Non-assignment of right of action 

1. A right of action based on personal injury arising under this Law cannot be assigned.

 

2. A purported assignment of such a right of action is void.

 

3. Article 7(2) does not prohibit the assignment of contractual rights where not expressly prohibited in the subject contract nor does it prohibit the assignment of the proceeds arising f...