Page:Constitution of the United Arab Emirates - official translation 2015.pdf/56

United Arab Emirates Constitution

The general revenues of the UAE consist of the following resources:
 * 1. Taxes, duties, and dues imposed by a federal law in the matters lying within the legislative and executive jurisdiction of the UAE.
 * 2. The fees and wages collected by the UAE in return for the services it provides.
 * 3. The parts contributed by the member Emirates of the UAE in the annual budget of the UAE in accordance with the following article.
 * 4. The income generated from the UAE’s own properties.

The member Emirates of the UAE shall contribute a certain percentage of their annual revenues to cover the expenditures of the annual general budget of the UAE in such way and amount as may be specified in the Budget Act.

The law specifies the rules governing the preparation of the federal general budget and the closing account. The law also specifies the beginning of the financial year.