MidGlobe
Home arrow Publications arrow Comm. Agency Law
Commercial Agency Law PDF Print E-mail
Written by admin   

This Law shall be named “The Investment Promotion Law of Law No. (16) of 1995 and its amendments for the year 2000, and shall come into effect as of the date of its publication in the Official Gazette.

Contents:

What is a Commercial Agency?

What laws apply to Commercial Agents in the Jordan?

What is the Commercial Intermediary?

Who can be a Commercial Agent?

What is the ambit of Protection under the Agency Law?

What is the legal effect of a non-termination Clause?

What Are The Competent Courts?

 

What is a Commercial Agency?

A contract between the principal and the agent, whereby the agent is obliged to import the products of his principal, or distributing, selling, display of such products. Or providing commercial services within the kingdom, or for his own interest on the principal’s behalf.




What laws apply to Commercial Agents in the Jordan?

Laws regulating Commercial Agencies in Jordan are contained in the Jordanian Commercial Agents & Intermediaries Law No. 28 for Year 2001. (the “Agency Law”). Jordanian Commercial Law and the Civil Law may also apply to a certain extent. The provisions of the Commercial Code would likely be applicable in cases where they address an outstanding issue, and the Civil Code would apply in instances where there are gaps in the Commercial Code.




What is the Commercial Intermediary?

Undertaking mediation between two parties for the facilitation of concluding contracts, or commercial transactions for a determined remuneration. Without baring its consequences.




Who can be a Commercial Agent?

Is the person undertaking commercial mediation between two parties, one of which being a distributor, or an exporter registered outside the kingdom for a known remuneration in exchange for the facilitation of commercial transactions, or the concluding of a contract, without being an agent of either party or a party in the contract itself.




What is the ambit of Protection under the Agency Law?

Unless registered in the commercial agents or intermediary record, as the case may be, no person can undertake the tasks of commercial agency, or intermediary in the kingdom.

In accordance with the provisions of this law, the parties to an unregistered agency shall not have any of the privileges designated by law the commercial agent or principal. However, third parties can rely on an unregistered agency as a basis for a law suit, if its presence can be established.

Unless the person is registered as a commercial intermediary, his case against a party to a contract, the intermediated to conclude, shall not be heard.



What is the legal effect of a non-termination Clause?

In accordance with the provisions of this law, the parties to an unregistered agency shall not have any of the privileges designated by law the commercial agent or principal. However, third parties can rely on an unregistered agency as a basis for a law suit, if its presence can be established.



What Are The Competent Courts?

Jordanian courts shall have competence in resolving any dispute arising out of the commercial agency contract or the application of he provisions of this Law.

The case arising out of a dispute on the commercial agency contract shall not be heard after three years of the date the contract ends, or terminated for any reason.

 
< Prev   Next >

Search MidGlobe