Legislation Details
- Full Title: Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services
- Law Type: Cabinet Resolution
- Law Number: No. (51) of 2024
- Issued Date: 31 May 2024
- Effective Date: 01 Jun 2024
- Official Gazette: No. 776
- Sector: Finance and Banking
- Status: Active
- Number of Articles: 16
- Chapters/Parts: 0
- Amendments: 0
Summary
This Cabinet Resolution regulates the fees charged by the Telecommunications and Digital Government Regulatory Authority (the "Authority") for providing trust services and accredited trust services in the UAE. It defines key terms, sets out the fee structure, and empowers the Authority to collect and amend the fees as necessary. The Resolution aims to provide a clear and standardized framework for the fees associated with these digital trust services, which are critical for businesses and individuals engaging in electronic transactions in the UAE. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024)
What is the scope and purpose of this law?
The scope of this Cabinet Resolution is to regulate the fees charged by the Telecommunications and Digital Government Regulatory Authority for providing trust services and accredited trust services in the UAE. It applies to all licensed trust service providers and accredited trust service providers operating in the country. The purpose is to establish a clear and consistent fee structure for these digital trust services, which are essential for electronic transactions under Federal Decree-Law No. (46) of 2021 on Electronic Transactions and Trust Services. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 1-2)
What are the key definitions under this law?
The Resolution provides the following key definitions:
- Authority: Telecommunications and Digital Government Regulatory Authority
- Chairman: Chairman of the Authority's Board of Directors
- Decree-Law: Federal Decree-Law No. (46) of 2021 on Electronic Transactions and Trust Services
- Trust Services: The electronic services specified under Clause (1) of Article (17) of the Decree-Law, for which the Trust Service Provider is licensed to provide
- Accredited Trust Services: The electronic services specified under Clause (2) of Article (17) of the Decree-Law, for which the Accredited Trust Service Provider is licensed to provide
- Trust Service Provider: The party licensed by the Authority to provide one or more Trust Services
- Accredited Trust Service Provider: A Trust Service Provider granted accredited status by the Authority
- Licensee: The legal person licensed by the Authority to carry out any Trust Services or Accredited Trust Services
- License: The authorization issued by the Authority to allow the Licensee to provide Trust Services or Accredited Trust Services
(Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 1)
What are the main obligations and requirements?
The main obligations and requirements under this Cabinet Resolution are: 1. The Authority shall collect the fees shown in the attached tables for the trust services and accredited trust services it provides. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 2(1)) 2. The fees collected by the Authority are non-refundable, regardless of the outcome of the submitted application. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 2(2)) 3. The Authority shall apply a proportional fee calculation mechanism for adding a new service to a current license, with a minimum fee of 1,000 AED. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 2(3)) 4. The Cabinet has the competence to amend the fees mentioned in this Resolution by addition, deletion, or modification. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 3) 5. The Authority shall collect the fees through the means determined by the Ministry of Finance. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 4)
Which authorities or bodies are responsible for enforcement?
The key authorities and bodies responsible for the enforcement of this Cabinet Resolution are: 1. The Telecommunications and Digital Government Regulatory Authority (the "Authority"): The Authority is responsible for collecting the fees, issuing licenses, and granting accredited status to trust service providers. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 1-2) 2. The Chairman of the Authority's Board of Directors: The Chairman is empowered to issue the necessary resolutions for the implementation of this Resolution. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 5) 3. The Cabinet: The Cabinet has the competence to make any amendments to the fees mentioned in this Resolution, including addition, deletion, or modification. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 3)
How does this law interact with other UAE legislation?
This Cabinet Resolution is related to the following UAE legislation: 1. It is issued pursuant to Federal Decree-Law No. (46) of 2021 on Electronic Transactions and Trust Services, which regulates the provision of trust services in the UAE. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 1) 2. It repeals Cabinet Resolution No. (8) of 2009 Concerning the Fees Payable on Transactions of Electronic Certification Service Providers. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 6(1)) 3. It repeals any provision that violates or contradicts the provisions of this Resolution. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 6(2))
When did this law come into effect?
This Cabinet Resolution was issued on 31 May 2024 and came into effect on 01 June 2024, the day following its publication in the Official Gazette. (Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services, 2024, Art. 7)
Source Documents
This article analyses Cabinet Resolution Concerning Fees for Trust Services and Accredited Trust Services for legal research and educational purposes. For the purpose of interpretation and application, reference must be made to the original Arabic text. In case of conflict, the Arabic text prevails. This does not constitute legal advice.