In force2021 Revised EditionCurrent version · 2021 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Hibah Act · 2021 Revised Edition · Part · Hiba h
Hibah Act · 2021 Revised Edition · Part · Hiba h
Official textFrom Attorney General's Chambers, unchanged
A hibah of debt made by a creditor to his debtor shall amount to remission of the debt payable by the donee.
hibah
"hibah" means the transfer of the possession of a property of the donor made voluntarily and without any consideration by the donor to the donee during the lifetime of the donor;
Explanation - A hibah of debt made by the creditor to any other person other than his debtor shall not be valid.
hibah
"hibah" means the transfer of the possession of a property of the donor made voluntarily and without any consideration by the donor to the donee during the lifetime of the donor;