Regulatory Alerts2020-01-01
Prime Minister's Resolution No. 908 of 2020 Amending the Executive Regulations of the Movable Collateral Law
The Prime Minister of Egypt issued Resolution No. 908 of 2020 to amend Articles 1 and 2 of the Executive Regulations of the Movable Collateral Law No. 115 of 2015. The amendment replaces the definition of movable collateral in Article 1 to include natural and legal persons providing financing or goods and services, and clarifies exclusions in Article 2. This regulatory update aims to broaden the scope of eligible collateral providers and entities under the legal framework for movable assets.
Official Gazette - No. 15 Recur (B) on April 15, 2020
Resolution of the Prime Minister
No. 908 of 2020
Amending some provisions of the Executive Regulations of the Law Regulating Movable Collateral issued by Decision of the Minister of Investment No. 108 of 2016
Prime Minister
After reviewing the Constitution, And the Law Regulating Movable Collateral issued by Law No. 115 of 2015, And the Executive Regulations of the Law Regulating Movable Collateral issued by Decision of the Minister of Investment No. 108 of 2016,
Decided:
(Article One)
By replacing the text of Article (1) of the Executive Regulations of the Law Regulating Movable Collateral, and amending the text of Article (2) of the same Regulations, the original text is replaced with the following text:
ARTICLE (1):
The movable collaterals mentioned in this Law include:
1- Natural or legal persons, including:
a- The entity granting financing or the financed entity, or entities involved in products or services, including:
b- Natural or legal persons, including:
1- Institutions and companies or enterprises involved in providing collaterals from institutions and companies or enterprises involved in products or services, including:
b- Natural persons or legal entities, based on...
ARTICLE (2):
The following are exempt from the provisions of this Law:
1- Institutions or companies involved in products or services, including:
a- Institutions and companies involved in the product or services, including:
b- Natural or legal persons, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, and includes the following:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies......
ARTICLE (2):
The following are exempt from the provisions of this Law:
1- Institutions or companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- From the original, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions......
Official Gazette - No. 15 Recur (B) on April 15, 2020
Official Gazette - No. 15 Recur (B) on April 10, 2020
ARTICLE (2):
The following are exempt from the provisions of this Law:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Money, and includes the following:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal entities, including:
1- Institutions and companies involved in the product or services, including:
b- Natural persons or legal......