Establishment of a Central Depository

Type

Law

Number

139

Date of the text

26/10/1999

Official Gazette

published in 1999

Status today

In force as of 27/08/2026

Articles

13

What it provides

This law establishes MEDCLEAR as the exclusive central depository for financial instruments and securities in Lebanon, setting out its custody, settlement, clearing, account-transfer, share-registry and dividend functions, and making deposit with it mandatory for securities listed on regulated Lebanese markets.

The full text

This act was published in the Lebanese Official Gazette in 1999. Its full text and the original scan are in the Gherbal National Gazette archive.