Federal Law No. 1 of 1987:01-05-2017
Federal Law No. 1 of 1987 on amending the Federal Law No. 5 of 1985 on issuing the Civil Transactions Law of the United Arab Emirates.
We, Zayed Bin Sultan Al Nahyan,
President of United Arab Emirates,
After reviewing the provisional constitution constitution ,
Federal Law No. (1) of 1972 on ministries competences and ministers’ powers and the laws in amendment thereof,
Federal Law No. (5) of 1985 on issuing the law of civil transaction in the United Arab Emirates
And on basis of proposal made by Minister of justice, approval of Council of Ministers and sanction of Supreme Federal Council,
Have issued the following law:
The text of article (1) of the aforementioned Federal Law No. (5) of 1985 shall be replaced by the following text:
(The annexed law shall have effect in respect of civil transactions in the State of the United Arab Emirates. Commercial transactions shall continue to be governed by the laws and regulations in force until the Federal Commercial Code is promulgated).
This law shall be promulgated in the official gazette and shall be applicable as of 29 March 1986.
Zayed Bin Sultan Al Nahyan
President of the United Arab Emirates
Issued by us at the Presidential Palace, Abu Dhabi
On Jumada al-thani 1407 H.
Corresponding to 14 February 1987 AD.