Sheikh Mohammed Bin Rashid.
Gulf Today, Staff Reporter
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. (20) of 2022 dissolving the ‘Tribunal to Decide the Disputes Related to the Settlement of the Financial Position of Dubai World and its Subsidiaries’.
According to the decree, the tribunal formed pursuant to Decree No. (57) of 2009 will be dissolved, and all cases and claims, related to the financial settlement of Dubai World and its subsidiaries, filed after this decree comes into effect, will be referred to specialised courts.
The new decree states that the tribunal will continue to review all pending cases and claims during a transition period. All cases and requests that have not been resolved by a final judgment before 13 December 2022 will be referred to specialised courts, in line with judicial legislations in Dubai, without any new fees being charged.
This decree annuls any other legislation that may contradict it. The decree is effective from the date of its publication in the Official Gazette.
The new law is applicable to civil Chief Executive Officers (CEOs) working in all departments that are subject to Dubai Government's Human Resources Management Law No.(8) of 2018. The new Law is valid from its date of issuance and will be published in the Official Gazette.
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Decree No. (15) of 2020 on the formation of the Board of the Mohammed Bin Rashid Housing Establishment.
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