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Main Page / Legislations / Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles / Subchapter II - Deferment / Chapter One: Condition and Term / Article 132
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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Article 132 (Cancelled) (Repealed By 22 /2004)Text Before Cancelling
Starting Date : 01/01/1971 Expiry Date : 30/06/2004

An obligation attached to a rescissible time shall be effective immediately. However, where such time expires, the obligation shall terminate without any retrospective effect of such termination.
6/30/2004

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