Decree No. (30) of 2024 Determining the Competent Authority in the Emirate of Dubai for Purposes of Implementing Federal Law by Decree No. (31) of 2023 Concerning Trusts
Decree No. (30) of 2024 Determining the Competent Authority in the Emirate of Dubai for Purposes of Implementing Federal Law by Decree No. (31) of 2023 Concerning Trusts
مرسوم رقم (30) لسنة 2024 بشأن تحديد السلطة المختصة لأغراض تطبيق بشأن العهدة
- Code
- Dubai-Decree-30-2024
- Authority
- H.H. The Ruler
- Category
- General
Articles
⚠ AI-generated summary — this is NOT the official text of the law and may be inaccurate. Not legal advice; consult the official source.
المادة 1
The Department of Economy and Tourism (the “DET”) is hereby determined as the competent entity in the Emirate of Dubai in charge of exercising all the duties and powers assigned to the Competent Authority under the above-mentioned Federal Law by Decree No. (31) of 2023 and the resolutions issued in pursuance thereof. In particular, the DET will be in charge of approving and registering Trust Deeds, and licensing Professional Corporate Trustees and Professional Individual Trustees.
المادة 2
This Decree comes into force on the day on which it is issued, and will be published in the Official Gazette.
Q&As that cite this law
No Q&As cite this law yet. Browse general questions or ask a new question.
Information, not legal advice. UAE laws change. Always verify the current text via the official source linked above and consult a UAE-licensed lawyer for advice on your situation.