Unified UAE Legislation Database
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Ministerial Decision No. 259 of 2024 Regarding the conditions, regulations and procedures relating to the formation of the Board of Directors and nominations for membership thereof

Status

In force

Issuing Authority

MOEC

Effective date

XX.XX.XXXX

Official Link

https://

Minister for the Economy, …

Having examined Federal Decree-Law No. (1) of 1972 concerning the remit of Ministries and the powers of Ministers, as amended.

and Federal Decree-Law No. (6) of 2022 concerning cooperatives.

And in accordance with Cabinet Decision No. (40) of 2023 concerning the organisational structure of the Ministry of the Economy.

And pursuant to Cabinet Decision No. (55) of 2024 concerning the issuance of the Executive regulations for Decree-Law No. 6 of 2022 on cooperatives.

In accordance with the presentation given by the Minister of the Ministry.

Has decided:

The following terms shall have the meanings assigned to them unless the context of the text indicates otherwise; likewise, the terms used in this Decision shall have the meanings assigned to them in the Act:

The LawFederal Decree-Law No. (6) of 2022 on Co-operatives.
Executive regulationCabinet Decision No. (55) of 2024 concerning the executive regulations for Federal Decree-Law No. (6) of 2022 on co...