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Article 1
Article (1) Definitions The definitions set out in the aforementioned Federal Decree by Law No. (46) of 2023 shall apply to this Resolution. Otherwise, the following terms and expressions shall have the meanings assigned to each of them, unless the context requires otherwise: Decree by Law : Federal Decree by Law No. (46) of 2023 Regarding the Regulation of the Space Sector.
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Cabinet Resolution of 2025 Regarding the Regulations on the Authorizations of Space Activities and Other Activities Related to the Space Sector 2 Compensation : A monetary sum payable by an Operator, an insurer (insurance company), or any other guaranteeing entity, directly to the affected third party as a result of the Operator's conduct of a Space Activity or any Other Activity Related to the Space Sector; or payable to beneficiaries designated in a Compensation Guarantee Instrument, where such beneficiaries have compensated a third party for Damage sustained, in accordance with the terms and procedures set out in that Instrument. Compensation Guarantee Instrument : A document submitted to the Agency by an Authorization applicant or Authorized Operator evidencing its undertaking and financial capacity, whether directly or through a guarantor or an insurance policy, to satisfy the liability compensation limit in the event of Damage caused to a third party as a result of its conduct of, or participation in the execution of, a specific Space Activity or Other Activity Related to the Space Sector. Sounding Rockets : Research rockets used to obtain information regarding the atmosphere at various altitudes.
