Decision on generalising the use of gold currency as the unit of account in public finance

Type

Decision

Number

653

Date of the text

28/09/1926

Official Gazette

published in 1927

Status today

In force as of 27/08/2026

Articles

6

What it provides

This decision makes gold the official unit of account for public finance in the mandated territories, sets the gold Lebanese-Syrian pound and its gold franc equivalent, fixes the dollar rate used for conversion, and requires public offices to draw up tariffs and contracts in that currency.

The full text

This act was published in the Lebanese Official Gazette in 1927. Its full text and the original scan are in the Gherbal National Gazette archive.