Unified UAE Legislation Database

Federal Decree No. 12 of 2001 Concerning Increase of General Civil Aviation Authority Capital

Status

In force

Issuing Authority

President of the UAE

Effective date

XX.XX.XXXX

Official Link

https://

We, Zayed Bin Sultan Al Nahyan, President of the United Arab emirates, after perusal of the Constitution; and

- Federal Law No. 1 of 1972, concerning Ministries competences, Minister's powers and Laws amending thereto: and

- Federal Law No. 20 of 1991, promulgating Civil Aviation Law: and

- Federal Law No. 4 of 1996, concerning the establishment of General Civil Aviation Authority; and

According to the Minister of Communication presentation and Minister's Cabinet approval;

Resolved as follows:

 

Article 1 

Capital of General Civil Aviation Authority provided for in Article 3 of the Federal Law No. 4 of 1996, concerning the establishment of Civil Aviation Authority shall be increased to Dhs. 300m (Three Hundred Million). Such increase shall be fully paid by the Federal Government, based on the Board of Directors request and Ministers' Cabinet approval.

 

Article 2 

Minister of Communications shall enforces this decree, which shall also be published in the Gazette.

 

 

Minister of Communication
Prime Minister
Zayed Bin Sultan Al Nahyan
President of the United Arab Emirates

Issued by us at the P...