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Law No. 27 of 2006 Promulgating the Trading Regulation Law
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Type of Legislation
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Law No. 27 of 2006 Promulgating the Trading Regulation Law
Law Summary Record
Type:
Law
Number:
27
Date:
27/07/2006 Corresponding to 02/07/1427 Hijri
Number of Articles:
849
Status:
In force
Official Gazette :
Issue:
10
Offcial Journal Issue
Publication Date:
13/11/2006 Corresponding to 22/10/1427 Hijri
Page from:
281
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Section Name
We, Tamim bin Hamad Al-Thani, Deputy Emir of the State of Qatar /
Crown Prince of Qatar
,
Having reviewed the Constitution;
The Civil and Commercial Articles Law promulgated by Law No. 16 of 1971, and amending Laws thereof;
The Civil Law promulgated by Law No. 22 of 2004;
The proposal from the Minister for the Economy and Trade;
And the draft law submitted by the Council of Ministers;
And having consulted the Shura Council;
Have issued the following Law:
Issuance Articles+E12 (1-3)
Preliminary Part (1-2)
General Provisions (1-2)
Part 1 (3-35)
Commercial Business and the Trader (3-35)
Chapter One: Commercial Business (3-11)
Chapter Two Articles (12-35)
The Trader (12-35)
Subchapter I: Trader in General (12-20)
Subchapter II: Business Bookkeeping (21-35)
Part 2 (36-73)
The Store, the Business Title and the Unfair Competition (36-73)
Chapter One: The Store (36-38)
Subchapter I: The Sale of the Store (39-45)
Subchapter II: Renting the Store (46-52)
Subchapter III: Mortgage/ Pawning of the Store (53-59)
Chapter Two: Business Title (60-67)
Chapter Three Unfair Competition (68-73)
Part 3: Commercial Liabilities (74-87)
Part 4 (88-446)
Specific Commercial Contracts (88-446)
Chapter One: Commercial Sale (88-124)
Subchapter I: Sale Elements (88-101)
Subchapter II: Sale Effects (102-124)
1- Vender Obligations (102-115)
2- Buyer Obligations (116-124)
Chapter Two: Certain Types of Commercial Sales (125-143)
Subchapter I: An Installment Sale (125-130)
Subchapter II: Auction and Knockdown Sale in Commercial Shops (131-137)
1- Auction Sale (131-131)
2- Knockdown Sale (132-137)
Subchapter III: Special Sale Types (138-138)
Subchapter IV: Purchase by an Agent on his Own Account (139-141)
Subchapter V: Maritime Transactions (142-143)
1- Sale at the Port of Departure (144-163)
a) Sale with Cost, Insurance and Freight CIF (144-154)
b) Sale with delivery/Freight on Board FOB (155-163)
2- Sale at the Destination Port (164-164)
Chapter Three: Contract of Carriage (165-168)
Subchapter I: Goods Transportation Contract (169-172)
1- Effect of the Contract on the Sender and Recipient (173-179)
2- Effect of the Contract on the Carrier (180-197)
Subchapter II: Passenger transport contract (198-207)
Subchapter III: Agency Commission for Carriage (208-215)
Subchapter IV: Provisions for Air Carriage (216-232)
Chapter Four (233-271)
Mortgage and Deposit in Public Depots (233-271)
Subchapter I: Commercial Mortgage (233-247)
1- Elements of Mortgage (233-238)
2- Effects of mortgage (239-247)
Subchapter II: Deposit in Public Depot (248-271)
Chapter Five (272-343)
Commercial Agency and Brokerage (272-343)
Subchapter I: Commercial Agency (272-326)
1- General Provisions (272-289)
2- Certain Types of Commercial Agency (290-326)
a) Contracts Agency and Distribution Contract (290-304)
b) Agency with commission (305-305)
Obligations of the Commission Agent to the Client (306-311)
Agent-to-Client- Rights in Commissions (312-314)
Relationship of the Commission Agent with other Contracting (315-317)
c) Trade Representative (318-326)
Subchapter II: Brokerage (327-343)
Chapter Six (344-446)
Banking Operations (344-446)
Subchapter I: Cash Deposit (344-351)
Subchapter II: Deposit of Securities (352-361)
Subchapter III: Rent of the Safe Deposit Boxes (362-370)
Subchapter IV: Bank/Account Transfer (371-379)
Subchapter V: Simple Credit facilities (380-385)
Subchapter VI: Letter of Credit (386-399)
Subchapter VII: Discounted Securities (400-405)
Subchapter VIII: Letter of Guarantee (406-413)
Subchapter IX: Current Account (414-428)
Subchapter X: Acceptance Credit (429-431)
Subchapter XI: Credit Cards (432-434)
Subchapter XII: Collection of Securities (435-438)
Subchapter XIII: Loan with the Guarantee of Securities (439-446)
Part 5 (447-452)
Securities and their Types (447-452)
Chapter One (453-555)
Bill of exchange (453-555)
Subchapter I: Issue and Trading of Bills of Exchange (453-480)
a) Issuing the Bill of Exchange (453-469)
b) Trading of bills of Exchange (470-480)
Subchapter II: Guarantees of Payment of bill of exchange (481-502)
a) Consideration for payment (481-489)
b) Acceptance of bill of exchange (490-498)
c) Reserve guarantee (499-502)
Subchapter III: Ending of the Obligation Established in the Bill (503-551)
a) Payment (503-521)
1- Date of maturity (503-508)
2- Repayment of the value of the bill of exchange (509-521)
b) Failure to pay (522-551)
1- Claiming and Recourse of non-Acceptance and non-Payment (522-542)
2- Intervention (543-551)
Subchapter IV: Limitation Period (552-555)
Chapter Two (556-559)
The promissory Note (556-559)
Chapter Three (560-560)
The Cheque (560-560)
Subchapter I: Creation and Negotiation of a Cheque (561-579)
a) Creation of a Cheque (561-570)
b) Cheque Negotiation and Precautionary Guarantee (571-579)
1- Negotiating a Cheque by Endorsement (571-578)
2- Precautionary Guarantee (579-579)
Subchapter II: Lapse of the Obligation Established by the Cheque (580-602)
a) Payment (580-594)
b) Failure to Pay (595-598)
c) Limitation of Actions (599-602)
Subchapter III: Sanctions (603-605)
Part 6 (606-846)
Bankruptcy and Preventive Composition (606-846)
Chapter One: Declaration of Bankruptcy and its Effects (606-675)
Subchapter I: Declaration of Bankruptcy (606-625)
Subchapter II: Effects of Declaration of Bankruptcy (626-675)
a) Effects of Bankruptcy for the Debtor (626-642)
b) Effects of Bankruptcy for the Creditors (643-658)
1- Creditors in general (643-650)
2- Holders of Debts Guaranteed by a Mortgage or Lien on a Movable Asset (651-656)
3- Holders of Debts Guaranteed by a Mortgage or Lien on Real Property (657-658)
c) Effect of Bankruptcy on Valid Contracts Concluded Prior to Adjudication (659-664)
d) Right of Recovery (665-675)
Chapter Two (676-732)
Administration of Bankruptcy (676-732)
Subchapter I: Persons Administering Bankruptcy (676-689)
Subchapter II (690-716)
Administration of the Assets of the Bankrupt and Verification of Debts and Closure of Bankruptcy Due to Insufficiency of Funds (690-716)
1- Administration of the Assets of the Bankrupt (690-703)
2- Verification of Debts (704-713)
3- - Closure of Bankruptcy Due to Insufficiency of Funds (714-716)
Subchapter III: Small Bankruptcy (717-717)
Subchapter IV: Bankruptcy of Companies (718-732)
Chapter Three (733-779)
End of the Bankruptcy (733-779)
Subchapter I: Termination of Bankruptcy Due to Cessation of the Interest of the Body of Creditors (733-734)
Subchapter II: Judicial Composition (735-760)
Subchapter III: Composition by Surrender of Assets (761-762)
Subchapter IV: Creditors Union (763-779)
Chapter Four (780-791)
Rehabilitation of the Bankrupt (780-791)
Chapter Five (792-833)
Preventive Composition (792-833)
Subchapter I: Judgement for Opening of Composition Proceedings (792-807)
Subchapter II: Judgement in Ratification of Composition (808-833)
Chapter Six (834-846)
Bankruptcy Offences and the Preventive Composition (834-846)
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