Most drivers in UAE have found themselves in unfortunate major or minor road accidents in UAE at some point in time. Legal Consultants in Dubai will give five important tips to consider post the road accident.
Laws of UAE pertaining to road traffic and accidents are incisive and unambiguous and impose hefty fines on those who violate the provision of road safety laws which we are very much aware of. The present article focuses on the tips to consider if you collide with another vehicle on the road.
New Law
UAE has issued new guidelines under Ministerial Resolution Number 178 of 2017 in order to enhance more security to avoid road accidents. The new Resolution mandates all the passengers in the car to wear seat belts failing of which driver will get 4 black points on the license along with a fine of AED 400. Passengers driving under the influence of alcohol may now face suspension of license for one year and may attract fine and imprisonment. Over speeding will invite 23 black points and confiscation of the vehicle for 60 days. Most importantly, reckless driving can lead to a fine of AED 2,000 plus 23 black points.
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The UAE Ministry of Economy has announced the list of penalties for violations of the laws relating to money-laundering and terrorism financing.Can I Appeal Against an Arbitration Award?
Arbitration is best described as a cost-effective alternate dispute resolution process, which assists in smoother business relationships without incurring the rigidity of court proceedings. To address many of the pitfalls of the arbitration process and to bring the UAE arbitration process in tune with the best international standards, the UAE enacted Federal Law No. 6 of 2018 on ‘Arbitration’ and its amendments (“Arbitration Law”).Commercial leasing and breach of contract punishments
In legal terms, a lease agreement can be defined as ‘a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment’. A ‘commercial lease agreement’ constitutes a written lease agreement whereby a landlord agrees to lease his commercial property to another person or entity for a given business purpose and specified time period.