TRADERS selling products to customers on instalment payment plans without a proper licence, or at highly inflated prices could face up to a year in jail and fines of between BD1,000 and BD5,000, or both, under a new law aimed at regulating the practice.
The draft legislation, which will be debated during the Shura Council’s weekly session on Sunday, has been proposed by five members led by Dr Bassam Al binmohammed.
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