Federal Decree No. 50 of 2014 Ratifying of the Agreement between the Government of the United Arab Emirates and the State of Libya On the Avoidance of Double Taxation and Prevention of Financial Evasion Regarding Income and Capital Tax

We, Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates,

- Having reviewed the Constitution;

- And Federal Law No. 1 of 1972 On the Competences of Ministries and the Powers of Ministers and its amendments;

- Based on the proposal of the Minister of Finance, with the approval of the Cabinet and the ratification of the Supreme Council of the Federation,

hereby ratify the following:

Article 1 

An agreement between the Government of the State and the State of Libya On the Avoidance of Double Taxation and Prevention of Financial Evasion Regarding Income and Capital Tax, signed in Dubai on 1 April 2013, the text of which is attached hereto, is hereby ratified.

Article 2 

The Minister of Finance shall implement this Decree, which shall be published in the Official Gazette.

Khalifa bin Zayed Al Nahyan
President of the United Arab Emirates

Issued at the Presidential Palace in Abu Dhabi:

On the date of 5 Rajab 1435 AH

Corresponding to May...