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Law No. 27 of 2021 concerning the Dubai Electricity and Water Authority.

Pays/Territoire
Émirats arabes unis
Sous-division territoriale
Dubai
Type du document
Législation
Date
2021
Source
FAO, FAOLEX
Sujet
Énergie, Eau
Mot clé
Gouvernance Institution Procédures judiciaires/procédures administratives Autorisation/permis Commerce/industrie/sociétés Financement Taxe/impôt Approvisionnement en eau
Aire géographique
Moyen-Orient, Afrique du Nord et Proche-Orient, Golfe Persique
Entry into force notes
This Law enters into force onthe day of its publication in the Official Gazette.
Résumé

This Law consists of 20 articles and (i) establishes the Dubai Electricity and Water Authority PJSC as a public joint stock company wholly owned by the Government of Dubai; (ii) defines the objectives, powers, functions, and structure of the Company. It is exclusively responsible for establishing, managing, and owning the Public Network, including power stations, water desalination plants, reservoirs, and distribution systems in the Emirate. Its objectives include (i) developing water resources; (ii) implementing electricity and water projects for public needs; (iii) achieving other goals outlined in the Articles of Association. The Company has the authority to purchase electricity and water, contract for construction, establish or hold shares in related companies, engage in fuel transactions, own and lease property, invest commercially, borrow funds, grant usufruct rights, and undertake activities aligned with its objectives as defined in the Articles of Association. The Company will have a Board of Directors responsible for the general supervision and management of the Company, ensuring compliance with the law and Articles of Association. Their key functions include approving and overseeing strategic plans, policies, and organizational structures, issuing financial and administrative bylaws, and managing assets. The Board has the authority to make decisions on property and asset-related matters, authorize investment, borrowing, and lending transactions, acquire or merge companies, and perform any other functions outlined in the Articles of Association. The Chairman of the Executive Council, based on the Board of Directors' recommendation, will determine electricity and water consumption tariffs, as well as fees and security deposits for the Company's services. Additionally, matters related to the protection of the Public Network will adhere to the provisions of Law No. 6 of 2015 and its associated resolutions.

Texte intégral
Arabe/Anglais
Site web
dlp.dubai.gov.ae