Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2245

State of Kuwait · Civil Matters — Volume 10 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Agreement, upon conclusion or performance of the contract, that payment shall be in foreign currency. Permissible. The reason therefor. The Amiri Order issued on 3/8/1990 does not repeal the permissibility of this agreement established by the second paragraph of Article 174 of the Civil Code.
Arabic original
الاتفاق عند إبرام العقد أو عند تنفيذه على أن يكون الوفاء بعمله أجنبية. جائز. علة ذلك. الأمر الأميري الصادر في ٣/٨/١٩٩٠ لا يتضمن إلغاء لما تقرره الفقرة الثانية من المادة ١٧٤ من القانون المدني من جواز هذا الاتفاق.
Original Arabic judgment citations

(الطعن ١٠٢/٩٦ عمالي جلسة ٧/٤/١٩٩٧ مج القسم الرابع - المجلد الخامس ص ٣٨٢)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 418. PDF pages: 418.

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