UAE Commercial Transactions Law

Article 19 — Article (19)

Book One: Trade in General · Part One: Commercial Activities, Merchants and Commercial Books · Chapter two: Merchant: Article (11)

1. Where a minor who has not attained (18) eighteen calendar years or interdicted person has funds in a trade, the court may order the withdrawal of his funds from said trade or to remain therein, as may best serve his interests. 2. If the court orders that the minor remains in the trade, it shall grant the person acting on his behalf an unlimited or restricted authorization to undertake all the activities required therefor. 3. The court may withdraw or restrict the authorization when justified, without prejudice to any rights acquired by a bona fide third party.

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