New law regulating rents ratified in Bahrain
Manama, July 25, 2014
Bahrain's King Hamad has ratified and issued a law regulating rents.
The new legislation revokes previous laws dating back to 1944, 1946, 1955, 1970 and 1984, said a report in the Gulf Daily News (GDN), our sister publication.
His Majesty also issued five other decrees.
The first was a law on establishment of the National Institution for Human Rights. Law 46 for 2009 establishing the national watchdog and the amended law 28 for 2012 would thus be null and void.
The second decree ratified the amended penal law. The amended legislation stipulates that any attempt to intimidate a witness or influence his testimony in a court case would be considered an aggravating factor.
Another decree ratified and issued a law on real estate development. He ratified an agreement on encouraging and protecting investments between Bahrain and Turkey.
His Majesty also issued a law ratifying an agreement between Bahrain and the Islamic Development Bank, concluded on March 19 last year, on funding a water transport network development project. - TradeArabia News Service