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Main Page / Legislations / Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles / 1-Binding effect between the contractors / Subchapter II: Effects of the Contract / Article 46
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Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles

Law Summary Record Type: LawNumber: 16Date: 25/08/1971 Corresponding to 04/07/1391 HijriNumber of Articles: 477Status: In force
Official Gazette :Issue: 7Offcial Journal Issue Publication Date: 01/01/1971 Corresponding to 05/11/1390 HijriPage from: 3458
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Article 46 (Cancelled) (Repealed By 22 /2004)Text Before Cancelling
Starting Date : 01/01/1971 Expiry Date : 30/06/2004

The Compensatory Contract regarding benefits of assets shall require the owner of an asset to deliver it to the beneficiary, and the beneficiary shall be obliged to deliver Utility allowance to the owner of the asset.
6/30/2004

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