Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3765

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Permissibility of agreeing on payment in foreign currency. The Amiri Order issued on 3/8/1990. Does not repeal what is prescribed under the second paragraph of Article 174 of the Civil Code.
Arabic original
جواز الاتفاق على الوفاء بالعملة الأجنبية. الأمر الأميري الصادر في ٣/٨/١٩٩٠. لا يتضمن إلغاء لما هو مقرر بموجب الفقرة الثانية من المادة ١٧٤ من القانون المدني.
Original Arabic judgment citations

(الطعن ٦٠/١٩٩٦ عمالي جلسة ٢٣/٦/١٩٩٧ مج القسم الرابع - المجلد السادس ص ٧٥٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 634. PDF pages: 634.

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