We, Zayed Bin Sultan Al Nahyan, President of the United Arab Emirates State,

Pursuant to the perusal of the provisional*^[1] Constitution; and

Federal Law No. 1/1972 regarding the Jurisdiction of the Ministries and the Powers of the Ministers and the amending Laws thereof; and

Federal Law No. 1/1981 regarding the Establishment of the Real Estate Bank; and

Federal Law No. 19/1981 regarding the Continuance of the Real Estate Loans Settlement Committee in exercising its Authorities; and

The Decision of the Council of Ministers No. 221/1980 regarding the Real Estate Loans Settlement Committee regarding citizens and due to Commercial Banks acting in the State; and

The Decision of the Council of Ministers No. 9/1980 regarding the Settlement of the Real Estate Loans; and

Acting upon the proposal of the Minister of Finance and Industry and the approval of the Council of Ministers and the Federal National Council and the ratification of the Federal Supreme Council;

Have promulgated the following Law: