Discounting of commercial instruments and advances on such instruments

Type

Decision

Number

240

Date of the text

02/06/1943

Official Gazette

published in 1943

Status today

In force as of 27/08/2026

Articles

12

What it provides

This decision bars anyone other than listed banks and discount houses from buying, discounting or advancing loans against commercial bills, and creates committees in Lebanon and Syria to draw up the lists of authorized institutions.

The full text

This act was published in the Lebanese Official Gazette in 1943. Its full text and the original scan are in the Gherbal National Gazette archive.