Law No. (27) of 2008
Transferring the Ownership of
Dnata World Travel Corporation to the
Investment Corporation of Dubai[1]
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We,
Mohammed bin Rashid Al
Maktoum, Ruler of Dubai,
After perusal of:
Decree
No. (3) of 1989 Establishing Dnata World Travel Corporation and
its amendments;
Law No. (11) of 2006 Establishing the
Investment Corporation of Dubai and its amendments; and
Decree No.
(36) of 2008 Amending Decree No. (3) of 1989 Establishing Dnata World
Travel Corporation,
Do hereby issue this Law.
Effective
as of the date this Law comes into force, the ownership of Dnata World Travel
Corporation and all
its
rights and obligations will be transferred from the Government of Dubai to the Investment Corporation of Dubai.
This
Law will be published in
the Official Gazette and will come into force on the day on which it is published.
Mohammed bin Rashid Al Maktoum
Ruler of Dubai
Issued in Dubai on 23 November 2008
Corresponding to 25 Thu al-Qidah 1429 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.