Page 5 - Regulation 6 english law
P. 5

Second: 5% of housing units’ sales to be allocated for the external infrastructure
required by the project.
Third: The maturity of ownership or rent or long lease allowance shall be due from
the commencement date of commercial operation or production of the project
provided that the investor is committed to complete the project within the period
determined in the contract.
First: sale, rent, or long lease allowance mentioned in this regulation shall be
applied on housing investment projects with a valid investment license before the
issuance of the second amendment of Investment Law No. 50 of 2015 and no
ownership or long lease contract were concluded exclusively.
Second: The sale, rent, or long lease allowances determined in this regulation shall
not be applied to investment projects ( with consideration to paragraph first)
above, for which sale or rent allowances were estimated according to the
provisions of regulation of sale and lease of Real Estate, state land, and public
sector for investment purposes No. 7 of 2010.

The regulation No. 7 of 2010, concerning the sale and lease of State and public
sector real estate and land for investment purposes shall be repealed.
Article -10-
This Regulation shall be effective from the date of its publication in the Official

Dr. Haider Al Ibadi
Prime Minister
   1   2   3   4   5