Decree-Law No. 19 of 2010 Amending Certain Provisions of Law No. 19 of 2002 on the Establishment of the Qatar Development Fund 19 / 2010
Number of Articles: 2
Table of Content



We, Hamad Bin Khalifa Al-Thani, Emir of the State of Qatar,
Having perused the Constitution;
Law No. 19 of 2002 on the establishment of the Qatar Development Fund;
Decree No. 14 of 1997 establishing the Qatar Industrial Development Bank, a Qatari Shareholding Company/Closed;
The proposal of the Prime Minister and Minister of Foreign Affairs; and
The draft law submitted by the Council of Ministers;
Hereby promulgate the following Law:


Articles

Article 1


An Article with number (31 bis) shall be added to the aforesaid Law No. 19 of 2002, to be read as follows:
“Article 31 (bis)
The Board may authorise the Qatar Development Bank to manage the executive operations of the Fund in accordance with the policy set by the Board.
The fees to be charged by the Bank against such management shall be agreed between the Fund and the Bank.


 

Article 2


All competent authorities, each within its own jurisdiction, shall enforce this Law which shall come into force from the date of its issuance and shall be published in the Official Gazette.


 


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