Law
No. (19) of 2015
Establishing
the Museum of the Future[1]
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We,
Mohammed bin Rashid Al Maktoum, Ruler of Dubai,
In fulfilment of Our aspirations to boost the innovation
drive in the United Arab Emirates, create an environment conducive to
innovation, and keep pace with the requirements of the new generation to build
smart future cities,
Do
hereby issue this Law.
This
Law will be cited as “Law No. (19) of 2015 Establishing the Museum of the
Future”.
The
following words and expressions, wherever mentioned in this Law, will have the
meaning indicated opposite each of them unless the context implies otherwise:
|
UAE: |
The United Arab Emirates. |
|
Emirate: |
The Emirate of Dubai. |
|
Ruler: |
His Highness the Ruler of Dubai. |
|
Government: |
The Government of Dubai. |
|
Museum: |
The Museum of the Future. |
|
Foundation: |
The Dubai Foundation for the Museum of the Future. |
|
Board of Trustees: |
The board of trustees of the Foundation. |
|
Chairman: |
The chairman of the Board of Trustees. |
|
CEO: |
The chief executive officer of the Foundation. |
Pursuant
to this Law, the following are established in the Emirate:
1. a
Museum
named the “Museum of the Future”; and
2. a
Foundation
named the “Dubai Foundation for the Museum of the Future”. The Foundation will
supervise the Museum, and will have legal personality, financial and
administrative autonomy, and the legal capacity required to undertake all acts
and dispositions that ensure the achievement of the objectives of the Museum.
The
head office of the Museum will be located in the city of Dubai. Other branches
of the Museum may be established within and outside of the Emirate pursuant to
a resolution of the Board of Trustees.
The Museum
will have the following objectives:
1. to boost the position of the UAE in fostering creative
ideas, initiatives, and inventions in various fields;
2. to contribute to building an economy based on
knowledge, innovation, and futuristic thinking;
3. to create an incubator for creative ideas and
innovation which supports developing an environment where innovation can thrive;
which inspires innovators; and which becomes a destination for inventors and leading
figures from around the world;
4. to meet the needs of the new generation for
services at smart future cities;
5. to find long-term development solutions for
the challenges facing future cities;
6. to raise community awareness of the importance
of innovation in keeping abreast with the requirements of the future;
7. to contribute to motivating all types of inventions
and innovations at the local, regional, and international level; and
8. to encourage the futuristic thinking related to inventions and innovations.
The
Foundation will supervise the Museum, and will exercise all the duties and
powers required for the achievement of the objectives of the Museum. For these
purposes, the Foundation may:
1. construct the building of the Museum and its
facilities such as research laboratories, and equip them with all the equipment
and devices required for operation, in accordance with the best relevant internationally
recognised specifications;
2. operate the Museum and its various facilities,
and promote the Museum locally, regionally, and internationally;
3. establish and supervise research centres
specialising in next generation inventions and innovations;
4. attract researchers, inventors, leading
scientific research centres and institutions, and major global companies to the
Museum so it will become an incubator for their inventions and innovations, and
a major international platform for innovation where technical solutions are
developed to address the challenges that face education, health, smart cities,
transportation, energy, and other vital fields;
5. design and display at the Museum unique and
creative next generation inventions and prototypes in all fields;
6. hold local and international exhibitions and conferences,
and conduct training courses, workshops, and other cultural, training, and
educational activities to promote futuristic thinking;
7. offer counsel, and promote, publish, and
distribute research papers, studies, publications, and periodicals specialising
in next generation inventions and innovations in the field of commodities and
services;
8. invest in and promote next generation commodities
and services inventions ;
9. develop, in cooperation with the leading
international educational institutions and specialised research centres, modern
and innovative educational curricula for learners from around the world;
10. launch and supervise awards and incentive
programmes related to next generation inventions and innovations;
11. establish corporations and companies, and hold
shares in companies and projects related to the objectives of the Museum;
12. own movable and immovable property, and tangible
and intangible rights as required for the achievement of the objectives of the
Museum;
13. coordinate with local, regional, and
international public and private entities specialising in scientific,
technical, design, and other fields, and enter into partnerships, agreements,
and memoranda of understanding related to the objectives of the Museum; and
14. exercise any other functions determined by the
Chairman as required for the achievement of the objectives of the Museum.
The
Foundation will have the following organisational levels:
1. the
Board of Trustees; and
2. the
executive body.
a.
The
Foundation will have a Board of Trustees comprised of a Chairman, vice chairman,
and a number of experienced and specialised members, appointed pursuant to a
decree of the Ruler. Membership of the Board of Trustees will be for a
renewable term of three (3) years.
b.
The
Board of Trustees will convene at the invitation of the Chairman, or vice
chairman if the Chairman is absent. Meetings of the Board of Trustees will be
valid if attended by the majority of its members, provided that the Chairman or
vice chairman is in attendance.
c.
The
Board of Trustees will pass its resolutions and recommendations by majority
vote of attending members, and in the event of a tie, the chair of the meeting will
have a casting vote.
d.
Resolutions
and recommendations of the Board of Trustees will be recorded in minutes signed
by the chair of the meeting and attending members.
e.
A
rapporteur will be appointed to the Board of Trustees by the Chairman. The
rapporteur will be responsible for sending invitations to the Board of Trustees
meetings, preparing meeting agendas, recording minutes of meetings, following
up the implementation of the Board of Trustees resolutions and recommendations,
and performing any other duties assigned to him by the chair of the meeting.
a.
The Board of Trustees will
undertake general supervision of the affairs of the Foundation, and ensure that
it exercises the functions assigned to it under this Law. For these purposes,
it may:
1. approve and follow up the implementation of the general policy
and strategic and operational plans of the Foundation;
2. approve the draft annual budget and final accounts of the
Foundation;
3. approve the projects, programmes, and
initiatives of the Foundation;
4. propose the legislation required for the
Foundation to achieve the objectives of the Museum;
5. appoint consultants specialised in the areas
related to the activities of the Museum and determine their remuneration;
6. appoint auditors and determine their remuneration
at the beginning of every financial year;
7. approve the methods of investing the property
of the Foundation, and set the procedures and rules required to benefit from returns
on investment in the fields and projects approved by the Foundation;
8. approve the fees and charges for the services
provided by the Foundation;
9. approve partnership projects with public and
private entities, and attract sponsors to fund the programmes, initiatives, and
projects implemented by the Foundation;
10. form permanent and temporary committees and
work teams, and determine their functions and terms of reference;
11. seek assistance from experts and specialists,
as it deems appropriate, from within or outside of the Emirate to enable it to
perform its duties. However, they do not have the right to vote in its
deliberations;
12. approve the annual report of the Foundation,
and submit the same to the Ruler;
13. perform all the duties that enable the
Foundation to exercise the functions assigned to it under this Law; and
14. perform any other duties assigned to it by the
Chairman.
b.
The
Board of Trustees may delegate any of its powers under paragraph (a) of this
Article to any of its members.
a.
The Chairman will have the
duties and powers to:
1. approve the organisational structure of the
Foundation;
2. approve the resolutions, bylaws, and regulations required
to regulate the administrative, financial, technical, and contractual affairs and
human resources of the Foundation;
3. approve the terms of reference of the Board of Trustees;
4. supervise and follow up performance by the Board
of Trustees of the functions assigned to it under this Law and the resolutions
issued in pursuance hereof;
5. form permanent and temporary committees and
work teams;
6. approve financial approval authority at the
Foundation; open, close, and withdraw funds from, bank accounts; and obtain loans
in the name of the Foundation; and
7. perform any other duties assigned to him by
the Ruler.
b.
The Chairman may delegate
any of the powers assigned to him under paragraph (a) of this Article to any member
of the Board of Trustees.
a. The Foundation will have an executive body
comprised of the CEO and a number of administrative, financial, and technical
employees.
b. The executive body of the Foundation will be
responsible for the operational work of the Foundation, and for following up
the implementation of the resolutions issued by the Chairman and the Board of
Trustees.
c. The procedures and terms of appointment, and
professional rights and duties of the employees of the executive body of the
Foundation will be determined pursuant to the relevant human resources bylaws
approved by a resolution of the Chairman or his authorised representative.
a.
The CEO will be appointed by a
resolution of the Chairman.
b.
The
CEO will be responsible to the Board of Trustees for performing the duties
assigned to him pursuant to this Law and the resolutions, regulations, and
bylaws adopted by the Foundation, and for performing the duties assigned to him
by the Chairman or the Board of Trustees.
c.
The CEO will have the duties
and powers to:
1. propose the general policy and strategic,
development, and operational plans of the Foundation; and submit the same to
the Board of Trustees for approval;
2. implement the general policy, and strategic
and operational plans of the Foundation, and
the resolutions passed by the Chairman or the Board of Trustees;
3. propose the
draft annual budget and final accounts of the Foundation, and submit the
same to the
Board of Trustees for approval;
4. prepare the organisational structure of the
Foundation, and draft the resolutions, bylaws, and regulations which regulate the
administrative, financial, technical, and contractual affairs, and human
resources of the Foundation, and submit the same to the Chairman for approval;
5. supervise the daily work of the executive body
of the Foundation;
6. propose the projects, programmes, and
initiatives of the Foundation; submit the same to the Board of Trustees for
approval; and supervise their implementation;
7. prepare the annual report on the achievements
and activities of the Foundation, and submit the same to the Board of Trustees
for approval;
8. represent the Foundation before third parties,
and conclude the contracts and agreements required for the achievement of its objectives;
9. achieve the performance outcomes required from
the executive body of the Foundation, and submit performance reports to the
Board of Trustees;
10. propose fees and charges for the services
provided by the Foundation, and submit the same to the Board of Trustees for
approval;
11. perform all the duties assigned to him
pursuant to the bylaws adopted by the Foundation; and
12. perform any other duties assigned to him by the
Chairman or the Board of Trustees.
The
financial resources of the Foundation will consist of:
1. movable and immovable property allocated by
the Government to the Foundation;
2. fees and charges for the services provided by
the Foundation;
3. proceeds and profits generated from renting
the property of the Foundation or from investing the same in any other way;
4. revenues generated from endowments, grants,
and gifts;
5. any other resources secured by the Foundation
through conducting its activities; and
6. any other financial resources approved by the
Board of Trustees.
a. In regulating its accounts and records, the
Foundation will apply the accounting rules and principles approved by the Board
of Trustees.
b. The financial year of the Foundation will
commence on 1 January and will end on 31 December of each year, except that the
first financial year will commence on the date this Law comes into force and will
end on 31 December of the following year.
The Chairman
or his authorised representative will issue the resolutions, bylaws, and
policies required for the implementation of the provisions of this Law.
Any
provision in any other legislation will be repealed to the extent that it
contradicts the provisions of this Law.
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 3 August 2015
Corresponding to 18 Shawwal 1436 A.H.
©2015 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.