We, Humaid bin Rashid Al Nuaimi, Ruler of the Emirate of Ajman,
Having reviewed the Constitution of the United Arab Emirates;
Federal Law No. (5) of 1985 promulgating the Civil Transactions Law of the United Arab Emirates, as amended;
Federal Law No. (8) of 2018 concerning Financial Leasing;
Federal Decree-Law No. (46) of 2021 concerning Electronic Transactions and Trust Services;
Federal Decree-Law No. (35) of 2022 promulgating the Law of Evidence in Civil and Commercial Transactions;
Federal Decree-Law No. (42) of 2022 promulgating the Civil Procedures Law;
Federal Decree-Law No. (50) of 2022 promulgating the Commercial Transactions Law;
Amiri Decree No. (11) of 2011 promulgating the Financial Law of the Government of Ajman;
Law No. (2) of 2020 concerning the Regulation of Real Estate Development in the Emirate of Ajman;
Law No. (3) of 2020 concerning the Regulation of Owners’ Affairs in the Emirate of Ajman, as amended;
Amiri Decree No. (14) of 2006 concerning the Reorganisation of the Municipality and Planning Department in Ajman, as amended;
Amiri Decree No. (7) of 2008 concerning the Acquisiti...