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Council of Representatives approves amending CBB Law

7 February 2017

The Council of Representatives held the 18th regular meeting of the third session of the fourth legislative term on Tuesday, February 7, under the chairmanship of Speaker, His Excellency Mr. Ahmed bin Ibrahim Al-Mulla.

The session approved a draft decree on amending the provisions of the Central Bank of Bahrain and Financial Institutions Law 2006 (‘CBB Law’). The council also reasserted its endorsement of a draft law on the Welfare, Rehabilitation and Employment of Persons with Disabilities.

The meeting also discussed an urgency proposal on establishing solar-powered electricity stations and a proposal on setting up a renewable energy authority and implementation of projects to avail of solar power. It also discussed an amended proposal on further reducing the electricity and water bills for divorced and widowed women who are subject to the Social Insurance Law by BD 20.

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