Regulation of Trading in Bank Shares

Type

Decree-Law

Number

87

Date of the text

16/09/1983

Official Gazette

published in 1983

Status today

Repealed as of 27/08/2026

Articles

10

What it provides

This legislative decree regulates ownership of bank shares in Lebanon, requiring them to be registered shares, keeping at least 51% of shares in Lebanese hands, subjecting any transfer of bank shares to prior Banque du Liban approval, and declaring contracts violating it void.

What has changed this text

• Repealed by Law No. 308/2001 of 03/04/2001
• Partly repealed by Law No. 521/1996 of 06/06/1996, articles 5
• Amended by Law No. 32/1991 of 11/02/1991, articles 1, 3, 4, 6, 7, 9
• Partly repealed by Law No. 32/1991 of 11/02/1991, articles 1, 3, 4, 6, 9

The full text

This act was published in the Lebanese Official Gazette in 1983. Its full text and the original scan are in the Gherbal National Gazette archive.