§Passage 1
Federal Decree No. (15) of 2013 Concerning Establishing a Financial Free Zone in the Emirates of Abu Dhabi
We, Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates,
- Upon perusal of the Constitution;
- Federal Law No. (1) of 1972 concerning the competence of ministries and the capacities of ministries, and its amendments;
- Federal Law No. (8) of 2004 concerning financial free zones;
- And upon the approval of the Federal Cabinet;
We have decreed the following:
Article 1 A financial free zone shall be established under the name “Abu Dhabi Global Market”.
Article 2 This Decree shall be implemented, upon the issuance, by all relevant authorities within their respective competence, and shall be disseminated on official newspapers.
Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates
Issued by us in the Abu Dhabi Residential Palace:
On Rabi’ II. 1st, 1431 Corresponding to February 11th, 2013 --- Relevant Legislations:
- Cabinet Resolution No. (4) of 2013 concerning the determination of the boundaries and area of the Abu Dhabi Global Market.
- Law No. (4) of 2013 concerning the Abu Dhabi Global Market.