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We, Humaid bin Rashid Al Nuaimi, Ruler of the Emirate of Ajman,

After perusal of the Constitution of the United Arab Emirates;

Federal Law No. 5/1985 promulgating the UAE Civil Transactions Law, and its amendments;

Federal Decree-Law No. 20/2018 on Anti-money Laundering and Combating the Financing of

Terrorism and the Financing of Unlawful Organisations, and its amendments;

Federal Decree-Law No. 32/2021 on Commercial Companies;

Federal Decree-Law No. 35/2022 on the promulgation of the Law of Evidence in Civil and Commercial Transactions;

Federal Decree-Law No. 42/2022 promulgating the Civil Procedure Law;

Federal Decree-Law No. 50/2022 on the promulgation of the Commercial Transactions Law;

Ajman Law No. 3/2023 on Real Estate Registration in the Emirate of Ajman;

Ajman Emiri Decree No. 14/2006 on the Reorganisation of the Municipality and Planning Department in Ajman, and its amendments;

Ajman Emiri Decree No. 11/2011 promulgating the Financial Law of the Government of Ajman;

Ajman Emiri Decree No. 4/2014 re-organising the Executive Council of the Emirate of Ajman, and its amendments;