We, Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, having reviewed:
The Constitution;
- Federal Law No. 1 of 1972 on the Competences of Ministries and the Powers of Ministers, as amended;
- Federal Law No. 5 of 1985 promulgating the Civil Transactions Law, as amended;
- Federal Law No. 3 of 1987 promulgating the Penal Code, as amended;
- Federal Law No. 10 of 1992 promulgating the Law of Evidence in Civil and Commercial Transactions, as amended;
- Federal Law No. 11 of 1992 promulgating the Civil Procedure Code, as amended;
- Federal Law No. 35 of 1992 promulgating the Criminal Procedure Law, as amended;
- Federal Law No. 29 of 1999 Establishing the General Authority of Islamic Affairs and Endowments (GAIAE), as amended;
- Federal Law No. 28 of 2005 on Personal Status;
- Federal Law No. 2 of 2015 on Commercial Companies; and
- Federal Law No. 20 of 2016 on Mortgaging of Movable Assets as Security for Debts; and
- Pursuant to the approval of the Cabinet and Federal National Council, and the ratification of the Federal Supreme Council
Hereby enact the following Law:
For the purposes of applyi...