The most important legal news in local newspapers
We in Ben Arafa Law Group Consulting & Legal Legitimacy L.L.C likes to provide you of the most important legal news in the local newspapers for this week, which related to your business and commercial, labor and procedural activities, and accordingly we provide you with the most important news as follows:
Terminating the sixth and the seventh articles of the public money management jobs
The cabinet approves the termination of the sixth and the seventh articles of the public money management jobs according to the governmental financial system development and reinforcing the transformation to the electronic payment methods.
Legal consequences:
1- Updating the organizational framework that regulates the jobs which are related directly to the public money.
2- Reinforcing the transformation to the electronic payment methods and decreasing cash treatments.
3- Upgrading financial control competence and improving public money management procedures.
Approving the amendments of the unified agreement for VAT of the GCC
Approving the amendment of the unified agreement for VAT of the GCC, for developing the Gulf tax system and reinforcing the competence of applying the tax regulations in the member states
Legal consequences:
1- Reinforcing tax legislations harmony in the GCC.
2- Upgrading the application of VAT in overseas treatments.
3- Supporting investment environment and improving transparency of tax undertakings of establishments.
Amending the organizational structure of water manufacturers
The cabinet approves the organizational structure amendment for water manufacturers, that contributes in development governance and upgrading management and operation of water projects.
Legal consequences:
1- Reinforcing governance and control of water manufacturer works.
2- Upgrading management and operation of water projects.
3- Supporting the sector sustainability and improving the quality of provided services.
Approving the executive bylaw for the protection of reporters, witnesses, experts and victims
The executive bylaw for the protection of reports, witnesses, experts and victims is approved for regulating the procedures of requesting protection and the mechanisms of providing it in addition to the concerned authorities for its enforcement.
Legal consequences:
1- Providing a clear operational framework for protecting reporters, witnesses, experts and victims.
2- Reinforcing confidence in reporting crimes and violations without fearing damages or revenge.
3- supporting criminal justice and empowering the concerned authorities from attaining the required evidence and witnesses.
Approving the rules and the procedures of insurance disputes and violations settlement
The cabinet approves the rules and the procedures for the insurance disputes and violations settlement committees for regulating the litigation and the settlement procedures at insurance disputes and unifying the mechanisms for the concerned committees work.
Legal consequences:
1- Regulating the procedures for filing claims and objections related to insurance disputes.
2- Reinforcing the speed and the competence of insurance disputes settlement.
3- Upgrading the level of transparency and regulatory confidence of the disputes parties.
Regulating the procedures for preventing exporting or restricting products
The cabinet issues a decree for preventing exporting or restricting products through a committee for regulating the governance of preventing or restricting export, that achieves coordination between the concerned governmental authorities and upgrades exporting decision making procedures.
Legal consequences:
1- Unifying procedures and regulations related to the decrees for preventing or restricting exporting.
2- Reinforcing coordination between the concerned governmental authorities at studying prevention or restriction applications.
3- Upgrading the level of governance and transparency of the decrees which affect commercial activities and supply chains.
Amending articles of the executive bylaw for the governmental auctions and procurements
Minister of finance approves amending a number of articles of the executive regulations of governmental auctions and procurements for developing the procedures for governmental auctions and contracts and upgrading spending and transparency level.
Legal consequences:
1- Developing procedures of auctions and awarding in addition to governmental contracts management.
2- Reinforcing principles of transparency, justice and competition at bidders.
3- Upgrading governmental spending and improving quality of governmental contracting and procurements.
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