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  • Chapter 6: Violations and Disputes

    • Article 31

      The competent court shall resolve disputes arising from the implementation of the provisions of this Law and its Implementing Regulations, review violations of their provisions and impose the penalties provided for in this Law.

    • Article 32

      The Governor shall appoint qualified officers to perform the following: 
       
       1.Inspection and monitoring.
       
       2.Investigation of violations of the provisions of this Law.
       
       3.Public prosecution before the competent court.
       
      The Regulations shall specify the procedures regulating the enforcement of this Article in conformity with the nature of these tasks and in a manner not in conflict with the provisions of the Law of Criminal Procedure. 
       

    • Article 33

      The finance company shall disclose to its customers, prior to entering into contract, the discount in case of early repayment to bind parties upon agreement and when resorted to by virtue of a contract, law or a judicial ruling. The Regulations shall specify the criteria for discount in case of early repayment in an equitable manner.