Law No. (5) of 2023 Concerning the Regulation of the Trade of Petroleum Products in the Emirate of Abu Dhabi
Abu Dhabi Official Gazette, 31 March 2023
Article 1 — • The Department of Energy shall be the competent local authority in the ¶
Emirate of Abu Dhabi concerning the exercise of all the competencies,
powers and duties entrusted to the competent authority stipulated in
aforesaid Federal Law No. (14) of 2017.
• The Department of Energy shall abide by all general strategies and policies
issued by the Supreme Council for Financial and Economic Affairs,
according to aforesaid Law No. (24) of 2020, in regards to the regulation
of the trade of petroleum products.
•
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Article 2 — The Department of Energy may, upon assuming the competencies and ¶
powers mentioned in Paragraph 1 of the previous article of this Law, seek
the assistance of any government entity or the private sector.
Article 3 — The provisions of this Law shall not prejudice any licences, permits, approvals, ¶
and exclusions issued by the federal or local entities to any persons, entities
or companies working in the field of trading in petroleum products in the
Emirate.
Article 4 — The applicable policies, regulations, resolutions, and circulars shall remain in ¶
force to the extent that they are not contrary to this Law, until the issuance
of the policies, regulations, rules, resolutions and circulars required for the
implementation of its provisions.
Article 6 — This Law shall be effective from the date of its issuance and published in the ¶
Official Gazette.
Mohamed bin Zayed Al Nahyan
Ruler of Abu Dhabi
Issued by us in Abu Dhabi
Date: 10 March 2023
Corresponding to: 18 Shaaban 1444 Hijri
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Unofficial text extracted from public documents; formatting and completeness are not guaranteed. Verify against the official source. In case of conflict, the Arabic text prevails. Not legal advice. Official source ↗