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General UAE Legal Questions LawLaw No. (15) of 2023

Dubai Law·15 of 2023

Issued Date
June 14, 2023
Effective from
June 14, 2023
Articles
3
Last synced
Sep 7, 2026
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Plain-language summary

Amends Law No. 11 of 2022 to establish accounting and financial year rules for RLSE, requiring compliance with international accounting standards approved by th…

Synced from the official UAE Legislation portal · Plain-language summary by the LEXAI editorial team

Article-level text

Key Articles

3 articles

  1. 1

    Article 1

    Article (1) Article (15) of the above-mentioned Law No. (11) of 2022 is hereby superseded by the following: Accounts and Financial Year of the RLSE

  2. 2

    Article 2

    Article (2) This Law comes into force on the day on which it is issued, and will be published in the Official Gazette. ©2023 The Supreme Legislation Committee in the Emirate of Dubai 1 Every effort has been made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must be made to the original Arabic text. In case of conflict, the Arabic text will prevail.

    -- 1 of 2 --

    Law No. (15) of 2023 Amending Law No. (11) of 2022 Establishing the Rashid and Latifa Schools Establishment Page 2 of 2 Mohammed bin Rashid Al Maktoum Ruler of Dubai Issued in Dubai on 14 June 2023 Corresponding to 25 Thul al-Qida 1444 A.H.

    -- 2 of 2 --

  3. 15

    Article 15

    Article (15) a. In managing its accounts and records, the RLSE will apply the rules and principles of accounting approved by the Board of Trustees in accordance with the relevant recognised international standards. b. The Financial Year of the RLSE will commence on 1 January and will end on 31 December of each year. Commencement and Publication

Note: This legislation is sourced from the Dubai Legislation Portal (dlp.dubai.gov.ae). The original Arabic text is the authoritative version.

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