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Main Page / Legislations / Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles / Chapter One: Condition and Term / Subchapter I – Condition
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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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Subchapter I – Condition

  • 123 Article (Repealed)

    Where the executed obligation that was in absolute form, not conditional and not added to time in the future, and shall be effective immediately
    6/30/2004

  • 124 Article (Repealed)

    Where the suspensive obligation is that based on a suspensive or a rescissible condition. And the suspending is valid provided for significance of the condition is absent whereas risk of existence, not achieved and not impossible.
    6/30/2004

  • 125 Article (Repealed)

    Where the obligation based on a suspensive condition shall be not effective unless that condition is met.
    6/30/2004

  • 126 Article (Repealed)

    An obligation based on a rescissible condition shall be effective immediately. Where the condition is met, the obligation shall cease, and the obligee shall return what he has received. Where meeting the condition is rendered impossible by any act attributable to the obligee, he shall pay indemnity. However; acts pertaining to management performed by the obligee shall remain valid and binding notwithstanding such condition having been met.
    6/30/2004

  • 127 Article (Repealed)

    Where a suspensive or rescissible condition is met, its effect shall apply to the time of execution of the contract, unless the intention of the contracting parties or the nature of the contract indicates that the existence or non-existence of the obligation relates only to the time at which the condition is met. However, such a condition shall have no retroactive effect where the performance of the obligation before meeting such a condition becomes impossible due to any cause beyond the control of the obligor.
    6/30/2004

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