Kuwait Court of Cassation principle number 646

Use of compensation that that becomes due to debtors subject to the Debts Law, immediately upon its receipt, in cash - 122 - Commercial repayment of debts. An exception to the provisions on set-off contained in the Civil Code. Its implication. Set-off between the State's debt and the compensation amount takes place as soon as the conditions for set-off are fulfilled, without the need for a judicial judgment ordering it. Its effect. The amount of compensation for damage caused by the Iraqi invasion that is due to the debtor. It is deemed, from its receipt by the General Administration for Compensation, property owned by the State. Article 7, Law 41 of 1993. - Disbursement of compensation for damage from the Iraqi invasion. Its condition. Submission of a certificate from the Central Bank stating that the beneficiary is not indebted, directly or indirectly, in respect of any purchased debts. This concerns public policy. Article 43 of the Debts Law.