laws

Based on the additional context provided, here is a refined summary that incorporates the new information: Ajman Emiri Decree No. 8/2021 establishes the Ajman Free Zone Authority in the Emirate of Ajman. The Authority aims to develop Free Zones in the Emirate, including Ajman Free Zone and its sub-Free Zones, Ajman Media City Free Zone, and Al Zorah Free Zone. The Authority has legal and financial independence and is responsible for supervising and coordinating the activities of these Free Zones. The Authority's headquarters is located in Ajman, and it may establish branches or offices within and outside the State. It has the power to prepare studies, plans, and programs related to its competencies, provide and develop services, establish necessary public facilities within the Free Zones, and enhance the competitiveness of the Emirate. The Authority is governed by a Board of Directors, composed of a Chairman, Deputy Chairman, and several members appointed for a renewable period of four years. The Board has various competencies, including adopting strategic, development, and operational plans, approving rules and regulations for licensing companies and activities in the Free Zones, and approving the Authority's annual budget. The Board holds meetings, and a Secretary, chosen by the Chairman, organizes these meetings, records minutes, decisions, and recommendations, and ensures their implementation. The Board may form committees, seek assistance from experts, and delegate powers from the Chairman of Ajman Free Zone, the Board of Directors of Ajman Media City Free Zone, and the Administrative Body of Al Zorah Free Zone. The law also mentions other relevant Emiri Decrees and Decisions that provide the legal framework for the establishment and functioning of the Authority. These include regulations on mortgage registration, Al Zorah Development Project, Ajman Government Financial Law, and the formation of the Dispute Settlement Committee in the Ajman Free Zone. The law is effective from October 1, 2021, and will be published in the Official Gazette.