Kuwait Court of Cassation principle number 246

Prohibition on investment companies conducting currency exchange business for the account of others. The exception. The Minister of Finance’s decision of 8/1/1987. The exception contained therein is unrestricted by any spatial limitation. Its import. - Issuance of a decision restricting the conduct of the activity to a specified place. Restriction of the unrestricted provision without a restricting qualification and limitation of its generality without a limiting qualification.