Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 566

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

English translation of the principle

The Central Bank of Kuwait may purchase the total cash facilities provided by local banks and investment companies subject to the supervision of the Central Bank of Kuwait. The basis for this: Article 2 of Law 41 of 1993.
Arabic original
لبنك الكويت المركزي شراء إجمالي التسهيلات النقدية المقدمة من البنوك المحلية ومن شركات الاستثمار الخاضعة لرقابة بنك الكويت المركزي. أساس ذلك: المادة ٢ ق ٤١ لسنة ١٩٩٣.
Original Arabic judgment citations

(الطعنان ٤٤٨، ٤٦٠/٩٩ إداري جلسة ٢٠/١١/٢٠٠٠ مج القسم الرابع - المجلد الثالث ص ٢٠٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 107. PDF pages: 107.

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