Rule · QCB · 20 Feb 2024

Law No. 1 of 2024 Amending Certain Provisions of the Commercial Law Issued by Law No. 27 of 2006

The Amir of Qatar issued Law No. 1 of 2024 to amend Article 585 of the Commercial Law regarding partial payment of checks. The amendment mandates that if a check amount exceeds available funds, the drawer must make a partial payment unless the holder refuses it, while endorsing the check and providing a payment certificate. This certificate and the endorsed check serve as the holder's right of recourse for the remaining balance.

QatarQatar Central Bank

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Source: Qatar Central Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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