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Sunday, 27 October 2019

E-Payments Act, NGOs Act regulations to be published by December

LEGISLATION WATCH- You can expect the executive regulations for the E-Payments Act no later than December: The executive regulations for the E-Payments Act, which the House approved last March, are expected to be issued before the end of the year, said Ehab Nosair, assistant to the deputy governor, according to Amwal Al Ghad. The law mandates government and private sector entities to make all payments to subsidiaries, suppliers, and contractors electronically. It is part of the government’s plan to gradually transition towards a cashless economy.

NGOs Act exec regs also out in December: The Social Solidarity Ministry will release the executive regulations for the recently-ratified NGOs Act at the end of the year, minister Ghada Wali told local reporters. The new law, which received House approval last month, replaces the controversial Law No. 70 of 2017, which generated considerable criticism both in Egypt and overseas for its restrictions on civil society. The new law received both praise and criticism from NGOs, with supporters applauding the removal of jail sentences for funding-related violations and detractors saying that it does not offer enough protections for civil society. We have a run-down of the key points of the new law here.

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