Qatar: Shura Council Approves Draft Law Amending Real Estate Law
The Peninsula, 6 February 2023: Qatar’s Shura Council has held its regular weekly session, where it approved a draft law amending some provisions of Qatar Law No. 6/2014 Regulating Real Estate Development.
This has been approved after the Legal and Legislative Affairs Committee’s report was reviewed. Its provisions have also been discussed by the Council.
The amendments have included several definitions contained in the draft, the establishment of a special register for those licensed to practice real estate development, and another register for those licensed to practice the profession.
The amendments have also defined the obligations of real estate developers.
The draft regulates the relationship between developers and banks.
It stipulates the opening of an account by agreement between both parties, in which the rights and obligations of both are to be determined.
The amendments also include asking developers to submit an accounting statement detailing the amounts spent on the project.
It has grants judicial authority to the Real Estate Regulatory Authority’s employees and establishes a licensing committee.
The Committee will be entrusted with issuing licenses to real estate developers and companies which operate in the field by managing and maintaining real estate which is under construction.
The Council has also approved a draft law amending some provisions of Qatar Law No. 24/2006 on issuing the Law of Fertilizers and Agricultural Soil Improvers in GCC countries.
This had been referred to the Council by the government, after reviewing the Services and Public Utilities Committee’ report.
In addition, they have also approved a request to extend the work of the Cultural Affairs and Information Committee to study a draft law on documents and archives.
The Council’s Speaker briefed members on a submitted proposal to include an emergency clause on criminalizing contempt for religions and spreading hatred among people.
The proposal has called for the promotion of values like coexistence, tolerance, international peace and security.
It will be on the agenda of the 146th General Assembly of the Inter-Parliamentary Union, which will be held next March.
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