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اليوم السابع
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Usufruct Rights and Treasury Dues Relief
The Law on the Development of Small, Medium, and Micro Enterprises establishes specific regulations regarding the right of usufruct of properties allocated for these projects. It also includes mechanisms for rescheduling the dues owed to the Public Treasury for distressed projects. This encompasses granting repayment deadlines and the possibility of partial or full waivers, while preserving the right of usufruct until the end of the designated period. Creditors are permitted to request an extension or renewal of the usufruct period under legal conditions. Additionally, the Administrative Council, in coordination with relevant authorities, is authorized to set rules to facilitate the settlement or waiver of dues to ensure effective management of distressed projects and to support their financing.
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