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Article 16 Of Chapter 2
Section: Capital Markets Authority

Subject to the provision of Article (2) of the Amiri Decree Number (12) of 1960, promulgating the Law of Regulating Fatwa and Legislation Department for the government of Kuwait, the Authority shall have a Legal Department under the control of its Chairman to handle all cases, to appear in courts or any arbitration institutions, give legal opinion and conduct investigations. The Department shall also be in charge of preparing draft laws, proposals for bylaws and resolutions related to the Authority and its work.

 

* Article (16) is amended pursuant to Law No. 22 of 2015 Amending Some Provisions of Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority & Regulating Securities Activities.

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  • CMA Law