Bahrain Financial Trust Law 2006

Law No. (23) of the Year 2006
Regarding the Regulation of:

Financial Trusts

We, Hamad Ibn Isa Al-Khalifa, King of the Kingdom of Bahrain

Having regard to the Constitution,

The Legislative Decree No. 14 of 1971, regarding the Authentication and Certification of Documents,

The Bahrain Monetary Agency Law, promulgated by Decree No. 23, of 1973, and the amendments thereof;

The Real Estate Registration Law, promulgated by Legislative Decree No. 15, of 1979,

The Civil Law promulgated by Legislative Decree No. 19, of 2001, and,

The Law of Commercial Companies, promulgated by Legislative Decree No. 21 of 2001.

The Shura Council and the House of Deputies have approved the text of the Law that follows hereunder, and

We hereby ratify it and order that it be promulgated.