Law
No. (9) of 2018
Amending
Law No. (30) of 2006
Establishing
the
Knowledge
and Human Development Authority in Dubai[1]
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We, Mohammed bin Rashid Al Maktoum, Ruler
of Dubai,
After perusal of:
Law No. (30) of 2006 Establishing the Knowledge and Human
Development Authority in Dubai; and
Law No. (1) of 2016 Concerning the Financial Regulations of
the Government of Dubai,
Do hereby issue this Law.
Article
(16) of the above-mentioned Law No. (30) of 2006 is hereby superseded by the
following:
The financial resources of the KHDA will
consist of:
1.
funds allocated to the KHDA in the
General Budget of the Government of Dubai;
2.
fees and charges for services
provided by the KHDA;
3.
grants, gifts, endowments, and
bequests received by the KHDA and accepted by the Executive Council, in
accordance with the legislation in force; and
4.
any
other
resources approved by the Executive Council.
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 19 September 2018
Corresponding to 9 Muharram 1440 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.