Cabinet Decision No. 19/2023 On the Regulation Concerning the Space Resources

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The Cabinet,

Pursuant to the perusal of the Constitution;

Federal Law No. 1/1972 on the competencies of Ministries and the powers of Ministers, and its amendments;

Federal Law No. 12/2019 on the Regulation of Space Sector;

Federal Decree No. 85/2000 concerning the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies, and the two agreements related to these activities; and

Based upon the proposal of the Chairman of the Board of Directors of the Securities and Commodities Authority, and the approval of the Council of Ministers,

Has decided the following:

Article 1 - Definitions

In application of the provisions of the present Decision, the following terms and expressions shall have the meanings assigned thereto unless the context requires otherwise:

  • State: United Arab Emirates.

  • Agency: UAE Space Agency

  • Board of Directors: Board of Directors of the Agency

  • Chairman of the Board of Directors: Chairman of the Board of Directors of the Agency