Emirate Law · Dubai

Law No. (8) of 2012

Amending Law No. (23) of 2009 Concerning the Mohammed bin Rashid Establishment for Small and Medium-sized Enterprises

Issued 1 January 2012 · In Force

We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,

After perusal of:

Law No. (23) of 2009 Concerning the Mohammed bin Rashid Establishment for Small and Medium-sized Enterprises,

Do hereby issue this Law.

Article (1)

The following Article (15)bis will be inserted into the above-mentioned Law No. (23) of 2009:

Neither the Government nor the DED will be liable for any debts or obligations claimed from the MBR SME or the companies affiliated to it.

This Law comes into force on the day on which it is issued, and will be published in the Official Gazette.

Mohammed bin Rashid Al Maktoum Ruler of Dubai

Issued in Dubai on 5 July 2009 Corresponding to 12 Rajab 1430 A.H.