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Article 157 Of Chapter 13
Section: Transitional Provisions

Without prejudice to the functional conditions for the employees of Kuwait Stock Exchange on the date of this Law, these employees shall continue to work with the Authority with the same rights and obligations existing on that date, their remuneration for the previous period of their work shall be settled and paid by Kuwait Stock Exchange. The Authority is committed to the rehabilitation and settlement of the situation of the staff of Kuwait Stock Exchange according to the requirements of this Law and its Executive Bylaws. The proportion of employment of Kuwaitis shall not be less than 75% of the total number of workers of the Capital Markets Authority, Securities Exchanges, and Clearing Agencies.

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