General UAE Legal Questions LawLaw No. (24) of 2006 Establishing the Dubai Establishment for Women Development

Article (1) This Law will be cited as “Law No. (24) of 2006 Establishing the Dubai Establishment for Women Development”.

Article (3) Pursuant to this Law, a public establishment named the “Dubai Establishment for Women Development” is established. The DEWD will have an independent legal personality and the legal capacity required to undertake all acts and dispositions that ensure the achievement of its objectives. It may enter into contracts with other persons, sue and be sued in its own name, and appoint any person to represent it for these purposes. The DEWD is hereby affiliated to the Executive Council.

Article (4) The head office of the DEWD will be located in the city of Dubai. The DEWD may establish branches and offices within and outside of the Emirate.

Article (6) Pursuant to this Law, all the powers, rights, obligations, and liabilities of the Dubai Ladies Club are transferred to the DEWD. This includes transferring the ownership of all real property, facilities, and movables of the Dubai Ladies Club to the DEWD.

Article (7) A President will be appointed to the DEWD pursuant to a decree of the Ruler.

Article (8) The DEWD will be managed by a Board of Directors comprised of a chairman, a vice chairman, and a number of members appointed for a renewable period of three (3) years pursuant to a decree of the Ruler.

Article (9) The Board of Directors will undertake general supervision of the work and activities of the DEWD. In particular, the Board of Directors will have the powers to: 1. develop the general policy of the DEWD, and determine the strategic objectives required in this respect; 2. approve the annual revenue statement and financial statements of the DEWD; 3. review the draft annual budget of the DEWD and submit the same to the Executive Council for approval; 4. review the annual performance reports; and 5. perform any other duties approved by the Executive Council.

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Article (10) The Board of Directors will convene at the invitation of its chairman at least once every three (3) months. Meetings of the Board of Directors will be valid if attended by the majority of its members, provided that the chairman or vice chairman is in attendance.

Article (11) The Board of Directors will pass its resolutions by the absolute majority vote of the attending members; and in the event of a tie, the chair of the meeting will have the casting vote. The proceedings of the meetings of the Board of Directors and its resolutions will be recorded in minutes and approved by the chair of the meeting and the attending members.

Article (12) The DEWD will have a CEO and an administrative body. The CEO will be appointed by a resolution issued by the Board of Directors.

Article (14) Neither the President, nor the chairman or members of the Board of Directors, nor the CEO will, in the course of managing and operating the DEWD, be liable to third parties for any act or omission with respect to such management or operation. The DEWD will be solely liable to third parties for such an act or omission.

Article (15) No entity may recover any debt from, or enforce any obligation against, the DEWD by way of taking possession, seizure, sale by public auction, or acquisition through any other legal process, of the real property, facilities, or other tangible assets owned by the DEWD, whether or not a definitive judgement in respect of such debt or obligation has been rendered.

Article (16) In managing its accounts and records, the DEWD will apply the internationally recognised rules and principles of commercial accounting. The financial year of the DEWD will commence on 1 January and will end on 31 December of each year, except that the first financial year will commence as of the date on which this Law comes into force and will end on 31 December of the following year.

Article (17) The financial resources of the DEWD will consist of: 1. the support allocated to the DEWD in the general budget of the Emirate; 2. any other resources secured by the DEWD through conducting its activities; and 3. the gifts and donations received by the DEWD and accepted by the President.

Article (18) The DEWD will be exempt from all types of local taxes and fees.

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Article (19) This Law will be published in the Official Gazette and will come into force on the day on which it is published. Mohammed bin Rashid Al Maktoum Ruler of Dubai Issued in Dubai on 15 November 2006 Corresponding to 24 Shawwal 1427 A.H.

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