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Federal Supreme: Article 69 of the Central Bank Law does not violate the Constitution
| Tuesday, February 13, |
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The Federal Supreme Court, Tuesday, that Article 69 of the Central Bank Law No. 56 of 2004 does not violate the Constitution, noting that the addition of legislative text is not within its competence.
"The Federal Supreme Court held its session and considered the appeal against the unconstitutionality of Article (69) of the Central Bank Law No. (56) of 2004, which states that" the injured party or The parties affected by a decision, order or procedure issued by the Central Bank of Iraq to submit a written request to the court and seek to review the decision .. The application must be submitted within thirty days from the date of the issuance of the resolution or order .. ").
"The plaintiff also asked in his lawsuit to enact a text that requires that the duration of the appeal begins after the decision is informed."
He pointed out that "the Court found that the text of Article (69) of the Central Bank Law does not violate the Constitution as a legislative option similar to the Civil Procedure Law in relation to decisions issued in the area of accelerated judiciary, and the request to add legislative text from the Federal Supreme Court outside its jurisdiction, And then decided to respond to the lawsuit for not based on the support of the Constitution. "
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