the Regulation of the Procedures for the Implementation of Security Council Decisions of the United Nations Issued under Chapter VII of the United Nations Charter on the Prevention and Suppression of Terrorism and Its Financing, and the Prevention, Suppression and Disruption of the Proliferation of Weapons of Mass Destruction and Its Financing issued by Decision 1/2021,
and the Regulation of the Supervision of Real Estate Brokerage Offices and Firms and Real Estate Developers regarding Anti-money Laundering and Counter-terrorist Financing issued by Ministerial Decision 113/2021,
and in pursuance of public interest,
it is hereby decided
The attached Regulation of the Supervision of Real Estate Brokerage Offices and Firms and Real Estate Developers regarding Anti-money Laundering and Counter-terrorist Financing shall apply.
Real estate brokerage offices and firms and real estate developers shall rectify their status in accordance with the provisions of the attached regulation within a period not exceeding one month from the date of its entry into force.
The aforementioned decision 113/2021 is hereby repealed, as well as all that is contrary to the attached regulation or in conflict with its provisions.
This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 1 Jumada Al-Thani 1444
Corresponding to: 25 December 2022
Dr Khalfan bin Said bin Mubarak Al-Shuaili
Minister of Housing and Urban Planning
Published in Official Gazette 1473 issued on 25 December 2022.
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