DIFC Law · Dubai International Financial Centre
DIFC Law No. 2 of 2014 — Netting Law
A reference record of DIFC Law No. 2 of 2014, drawn from the instrument's own official text. It sets out how the law is organised — its Parts, its article count and its length — and links to the text itself. It does not interpret the law or offer advice on it.
At a glance
| Citation | DIFC Law No. 2 of 2014 |
| Short title | Netting Law |
| Instrument type | DIFC Law |
| Enacted | 2014 |
| Jurisdiction | Dubai International Financial Centre |
| Parts | 3 |
| Numbered articles | 15 |
| Length of official text | 15 pages |
How DIFC Law No. 2 of 2014 is organised
The 3 Parts below are the instrument's own divisions, in the order the official text sets them out.
| Part | Heading |
|---|---|
| Part 1 | General |
| Part 2 | Application |
| Part 3 | Enforceability And Netting |
What DIFC Law No. 2 of 2014 covers, article by article
The 14 article headings below are the instrument's own, reproduced in its order. They are a map of the law, not a summary of it — for the wording of any article, read the official text.
- Title
- Legislative Authority
- Date of enactment
- Commencement
- Interpretation
- Application
- Enforceability of a qualified financial instrument
- General Rule as to enforceability of a netting agreement
- Limitation on powers of a liquidator
- Limitation of insolvency laws prohibiting set-off
- Preferences and fraudulent transfers
- Preemption
- Realisation and liquidation of collateral
- Scope of this Law
Primary sources
Everything on this page comes from these two. Links go to the issuing legislator.
Acting on DIFC Law No. 2 of 2014
This page is a record, not advice. If netting law bears on a matter you are dealing with, speak to us about the facts.