Kuwait Court of Cassation principle number 175

The new law applies to everything occurring from its effective date unless otherwise provided. The effects of legal acts remain subject to the law under which they were concluded, unless the provisions of the new law concern public policy, in which case they apply to effects arising after its entry into force. Article 3, Civil Code. Commercial obligations and contracts. The provisions of the Civil Code apply thereto. Except as provided. Commercial Code. Article 96, Commercial Code. And with the statutory default interest rate to 7% from the date of judicial demand. Articles 110, 113, Commercial Code. Its inapplicability to legal acts concluded before the promulgation of the Commercial Code. Their effects are subject to the law under which they were concluded. Reason therefor. Articles 110, 113 contain supplementary rules not intended to protect a public interest and not concerning public policy.