Development of the Financial Market and Credit Contracts

Type

Law

Number

520

Date of the text

06/06/1996

Official Gazette

published in 1996

Status today

In force, amended as of 27/08/2026

Articles

20

What it provides

This law regulates financial companies and credit operations: it defines financial companies and places them under Banque du Liban and the Banking Control Commission, allows licensed banks and financial institutions to conduct credit operations, and sets out the trust contract among settlor, trustee and beneficiary.

What has changed this text

• Amended by Law No. 161/2011 of 17/08/2011
• Partly repealed by Law No. 161/2011 of 17/08/2011, articles 1

The full text

This act was published in the Lebanese Official Gazette in 1996. Its full text and the original scan are in the Gherbal National Gazette archive.