Law of Security DIFC Law No. 4 of 2024

List of amending documents:

DIFC Laws Amendment Law No. 1 of 2025

PART 1 - GENERAL

1. Title 

The Law may be cited as the “Law of Security 2024”. 

2. Legislative Authority 

This Law is made by the Ruler. 

3. Application of the Law 

1. This Law and Regulations made pursuant to its provisions apply in the jurisdiction of the DIFC. 

2. To the extent that this Law and any such Regulations apply to any person to whom any provision of the DFSA Administered Legislation also applies, this Law and such Regulations shall not exempt such person from any requirement applicable to that person under the DFSA Administered Legislation. 

4. Purpose of this Law 

The purpose of this Law is to provide an effective and efficient secured transactions law dealing with Security Rights in Movable Assets and to specify the interaction between such rights and DIFC Laws concerning real property. 

5. Dates of enactment, commencement and transition 

1. This Law is: 

a. enacted on; and 

b. comes into force on: 

the date of enactment specified in the Enactment Notice in respect of this Law. 

2. Schedule 1 contains transitional provisio...