The exemption of the owners of the rental contracts for the lands of Umm Al Quwain Industrial Authority from the delay penalties

Media In – Umm Al Quwain 13 August 2018 / WAM

  His Highness Sheikh Saud bin Rashid Al-Mualla, Supreme Council Member and Ruler of Umm Al Quwain, has issued a decree on the exemption of owners of rental contracts for the lands of Umm Al Quwain Industrial Authority.

Decree No. 5 of 2018 stipulates that the owners of lease contracts for the lands of Umm Al Quwain Industrial Authority shall be exempted from the delay penalties imposed on each contract until the first of September 2018.

This decision shall be effective from the date of its issuance and shall be published in the Official Gazette.