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Iraq Judicial Council to amend Evidence Act


MsMonroe
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Posted: April 25, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Baghdad (News) has authorized the State Council amended the Evidence Act, including amending the value of the dinar current.

A statement issued by the Judicial Council has received Agency (news) copy of it: that the State Council decreed to grant the President of the Supreme Judicial Council the authority to amend the amounts set forth in the articles ( 77) and (78) and (79) of the Evidence Act No. (107) for the year 1979.

The statement added: the fatwa (Islamic Legal Announcement) regarding GATT against the backdrop of request of the Minister of Justice opinion of the State Council on the basis of Article (9) of the Code of the State Council No. (65) for the year 1979 regarding the proposal received from the Bar Association to amend the amounts set forth in the articles (77) and (78 ) and (79) of the Evidence Act and making them (5000000) five million dinars instead of (5000) five thousand dinars.

The statement pointed to the proposed Bar modify the value of the dinar due to changes in current economic conditions and inflation, the huge sum which, as well as a decline in the purchasing power of acute as they no longer value compared to value the former, but a penny and that many of the litigants in the courts suffer harm and injustice for not documenting their transactions and their actions legal, as the lessors for all real estate (except residential) are at the mercy of tenants currently.

Reference: GATT is the General Agreement on Tarrifs and Trade LINK

http://www.ikhnews.com/news_view_12347.html

Does this mean RV is coming? Need some insight from the vets out there....

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