In respect of the Rules to be applied

 

by the Tribunal to decide Disputes Related to the Settlement of the Financial Position

of Dubai  World and its Subsidiaries

I, Sir Anthony Evans, Chairman of the Tribunal to decide Disputes Related to the Settlement of the Financial Position of Dubai World and its Subsidiaries (the “Tribunal)

Having reviewed—

Decree No 57 of 2009 establishing the Tribunal

And

Decree No 11 of 2010 Amending Decree 57 of 2009

And Whereas—

(A) Decree No 57 of 2009 (as amended by Decree No 11 of 2010) provides at Part 7, Annex 3, Section 3, Article 3 that  “The rules applied by the Tribunal shall be the Rules of the DIFC Court as may be amended by the Tribunal.”

(B) There has been a one month public consultation regarding the amendment of the Rules to be applied by the Tribunal, duly carried out

Now I hereby order and direct, on behalf of the Tribunal, as follows

1. This Order may be cited as Dubai World Tribunal Order No. 1 of 2011 in respect of the Rules to be applied by the Dubai World Tribunal 2011.

2. By this Order, the Tribunal approves and issues the attached Rules of the Dubai World Tribunal 2011 (the “2011 Rules”, being an amendment of the Rules of the DIFC Courts) to be applied by the Tribunal.

3.The 2011 Rules may be cited as “The Rules of the Dubai World Tribunal 2011″ and may be abbreviated as  “RDWT 2011″.

4.The 2011 Rules will come into force on 1 October 2011. The Rules will apply to all acts done or required to be done after that date in any proceedings before the Tribunal (whether such proceedings were commenced before or afterthat date). It will not affect acts done before that date.

 

Sir Anthony Evans

Chairman of the Dubai World Tribunal

Issued on: 8 September 2011