Law No. (9) of 2012
Amending
Law No. (8) of 1997 Regulating the
Dubai Chamber of Commerce and Industry[1]
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We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,
After perusal Law No. (8) of 1997 Regulating the
Dubai Chamber of Commerce and Industry and its amendments,
Do hereby issue this Law.
Article (6) of the above-mentioned Law No. (8) of
1997 is hereby superseded by the following:
Functions of the DCCI
Article (6)
The DCCI will have the authority to exercise the
duties and powers required for the achievement of its objectives. In
particular, it may:
1.
register
as DCCI members natural and legal persons who are licensed to conduct the
activities stipulated in Article (7) of this Law, and provide them with the
certificates and documents that will assist them in completing their commercial
transactions and in conducting their activities;
2.
issue
all types of certificates of origin for goods, and for exported and re-exported
products, after verifying the accuracy of their relevant data by all means it
deems appropriate, including viewing of the original supporting documents
relevant to the origin of the goods, or inspecting the goods where necessary;
3.
attest
signatures, seals, documents, certificates, contracts, and any other documents
related to commercial transactions as required by DCCI members for completing
their work;
4.
assign
experts to examine the commodities, goods, and other property to determine
their classifications and weights, and to estimate their prices;
5.
provide
opinion on the legislation regulating commercial and economic affairs; and
review the draft laws, regulations, and bylaws proposed by the competent entities
to regulate such affairs;
6.
form
work teams from amongst DCCI members who undertake similar activities based on
the list approved by the Board of Directors in this respect;
7.
license,
and confer legal personality on, business councils formed in the Emirate from
amongst of the companies, businessmen, and experts of a certain nationality, in
coordination with the concerned government entities and in accordance with the
relevant bylaws approved by the Board of Directors;
8.
review
the applications submitted by regional and international non-governmental
authorities, federations, associations, and other organisations specialised in
the fields of commerce, economy, and trade for opening branches and offices in
the Emirate; and license and regulate these branches and offices and confer legal
personality on them, in coordination with the concerned government entities,
including the Department of Economic Development, and in accordance with the
relevant bylaws adopted by the Board of Directors;
9.
propose
the economic programmes and plans, and investment projects, that will enhance
the economic position and strengthen the economy of the Emirate, and will
increase employment and investment opportunities; propose legislation that will
regulate commercial, economic, and other affairs; and submit the relevant
proposals to the competent authorities;
10. conduct promotional activities and promote the economic
relations of the Emirate, and in particular:
a.
receive
visiting trade delegations and
missions, and send trade missions overseas;
b.
hold
or participate in local and international commercial exhibitions;
c.
hold,
contribute to, or participate in organising, conferences, seminars, and
research and training forums inside and outside of the Emirate;
d.
publish
magazines, periodic bulletins, brochures, and other specialised commercial
publications; and
e.
conclude
cooperation agreements with similar federations, chambers of commerce and
industry, or authorities that will strengthen cooperation and commercial ties.
11. conduct economic studies and research, and prepare
economic reports, concerning evaluation of the performance of economic sectors
in order to direct and develop these sectors, identify any issues or obstacles
that these sectors may face, and communicate findings to the competent
authorities;
12. review requests for organizing exhibitions,
conferences, seminars, and workshops related to economy and commerce that will
be held in the Emirate, and issue the recommendations required to obtain
approval from the competent authorities;
13. collect and publish economic information and data,
such as prices of traded goods and materials, financial services and
securities, currencies, and other data; compile, categorise, and publish
periodic statistics, and legislative and regulatory provisions;
14. provide business directories, specialised books
and references, and any other scientific works and publications that will be
relied on in preparing reports and studies;
15. provide advice and consultation to DCCI members on
legal, commercial, economic, and technical matters; provide them with available
information; and guide them to follow the procedures and methods that will
assist them in protecting their rights and developing their businesses;
16. contribute to the development of administrative
and technical cadres in the fields of economics and business administration,
and provide the required capabilities and resources. For this purpose, the DCCI
may establish colleges, institutes, and commercial and technical training
centres;
17. consider the commercial complaints involving DCCI
members, or DCCI members and other parties, in order to reach amicable
settlements;
18. determine local commercial norms and terms;
19. adopt a mechanism for resolving trade disputes
whereby it oversees the arbitration process in accordance with the applicable
arbitration rules;
20. own, manage, invest, sell, and mortgage movable
and immovable property; conclude all types of contracts with third parties; and
accept donations and gifts;
21. participate in the work of the committees formed
by ministries, departments, authorities, and other entities to review issues
related to economic and trade affairs, to regulate these affairs; to represent
the DCCI in the events that are relevant to its functions; and to achieve any
other objectives; and
22. perform any other act that is conducive to
achievement of the DCCI objectives stipulated in Article (5) 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 18 November
2012
Corresponding to 4
Muharram 1434 A.H.
©2019 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.