{"id":626476,"date":"2018-07-03T04:31:37","date_gmt":"2018-07-03T04:31:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/tenders-and-auctions-act-gets-renamed-as-public-contracts-act-after-receiving-preliminary-nod-from-parliaments-general-assembly\/"},"modified":"2018-07-03T04:31:37","modified_gmt":"2018-07-03T04:31:37","slug":"tenders-and-auctions-act-gets-renamed-as-public-contracts-act-after-receiving-preliminary-nod-from-parliaments-general-assembly","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/tenders-and-auctions-act-gets-renamed-as-public-contracts-act-after-receiving-preliminary-nod-from-parliaments-general-assembly\/","title":{"rendered":"Tenders and Auctions Act gets renamed as Public Contracts Act after receiving preliminary nod from Parliament\u2019s general assembly"},"content":{"rendered":"<p><strong>LEGISLATION WATCH- Tenders and Auctions Act gets renamed as Public Contracts Act, gets preliminary nod from House GA:<\/strong> Parliament preliminarily approved the Tenders and Auctions Act during a plenary session yesterday, <u><a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=02072018&id=20130c67-f392-47ad-8e3f-f28d407213c2\">Al Shorouk reports<\/a><\/u>. Discussion of the law quickly hit a snag, however, after the general assembly decided to rename the bill to become the Public Contracts Act, <u><a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/2\/%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%85%D8%B3%D9%85%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%85%D8%B2%D8%A7%D9%8A%D8%AF%D8%A7%D8%AA-%D9%84%D9%80-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%82%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9\/3856651\">Youm7 reports<\/a><\/u>. The change required the general assembly to send the legislation back to the Planning and Budgeting Committee to be reworded accordingly before returning to the general assembly for a final debate and vote, according to the newspaper.<\/p>\n<p><strong>Amendments to the tax code on affecting real estate also got initial approval yesterday<\/strong>, <u><a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/2\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D9%85%D8%A8%D8%AF%D8%A6%D9%8A%D8%A7-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%AF%D8%AE%D9%84\/3856715\">Youm7 reports<\/a><\/u>. The amendments would impose a 2.5% levy on the disposition or quick sale value of real estate assets \u2014 whether in the form of a building or unoccupied land. Under the new stipulations, property owners would not have access to basic services such as power and water until they are able to present proof that they have paid the necessary taxes.<\/p>\n<p>Meanwhile, <strong>the final vote on the second part of the Press and Media Act has been pushed to October<\/strong>, when the House convenes for its next legislative session, <u><a href=\"http:\/\/gate.ahram.org.eg\/News\/1975784.aspx\">Ahram Gate reports<\/a><\/u>. The legislation will likely breeze through the vote, House Culture and Media Committee member Nader Mostafa said yesterday. Parliament had <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/11\/parliament-gives-its-preliminary-approval-to-press-and\/\">sent the legislation back to Maglis El Dawla<\/a><\/u> last month after deciding to split the act into three separate bills that would each regulate work at different types of media organizations.<\/p>\n<p><strong>Finally, three pieces of law with implications for the war on terror got preliminary approval yesterday<\/strong>, <u><a href=\"http:\/\/www.almalnews.com\/Story\/381134\/19\/%D8%AA%D8%B4%D8%B1%D9%8A%D8%B9%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%AA%D9%88%D8%A7%D9%81%D9%82-%D9%85%D8%A8%D8%AF%D8%A6%D9%8A%D8%A7-%D8%B9%D9%84%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D9%88%D8%B1-%D9%88%D9%85%D9%83%D8%A7%D9%81%D8%AD%D8%A9-%D8%A7%D9%84%D8%A5%D8%B1%D9%87%D8%A7%D8%A8\">Al Mal reports<\/a><\/u>, including amendments to the <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/15\/cabinet-approves-amendments-to-anti-terrorism-act-traffic-act-in-weekly-meeting\/\">recently passed Anti-Terrorism Act<\/a><\/u> that toughen penalties for harboring suspected terrorists. An article of the <u><a href=\"https:\/\/ar.jurispedia.org\/index.php?title=%D9%82%D8%A7%D9%86%D9%88%D9%86_%D8%A7%D9%84%D9%85%D9%86%D8%B4%D8%A2%D8%AA_%D8%A7%D9%84%D9%81%D9%86%D8%AF%D9%82%D9%8A%D8%A9_%D9%88%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D9%8A%D8%A9_(eg)&action=edit\">Tourism and Hotel Facilities Act<\/a><\/u> requiring hotels to provide up-to-date information on their guests also got an update.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-10\"><\/a> <strong>The third piece? You will almost certainly need a GPS tracker installed on your 4x4<\/strong> if you want to license it after the House gave an initial nod to <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/12\/cabinet-refers-public-procurement-act-traffic-act-amendments-to-parliament\/\">amendments to the Traffic Act<\/a><\/u>. Other amendments to the traffic law will include new rules for licensing and fines, according to Rep. Khaled Hanafi, who said the act will come up for a vote this fall. The GPS requirement was <u><a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/the-Council-of-Ministers-meeting-No.-(109).aspx\">first proposed by the Ismail cabinet<\/a><\/u> back in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- Tenders and Auctions Act gets renamed as Public Contracts Act, gets preliminary nod from House GA: Parliament preliminarily approved the Tenders and Auctions Act during a plenary session yesterday, Al Shorouk reports. Discussion of the law quickly hit a snag, however, after the general assembly decided to rename the bill to become the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626476","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"431deefe-4026-42cf-83f3-4f6b53617218","order":"0","is_powered_by":true,"section_story_id":"b15a1efa-54f7-410b-9941-73bf397102c6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626457],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tenders and Auctions Act gets renamed as Public Contracts Act after receiving preliminary nod from Parliament\u2019s general assembly - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/tenders-and-auctions-act-gets-renamed-as-public-contracts-act-after-receiving-preliminary-nod-from-parliaments-general-assembly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tenders and Auctions Act gets renamed as Public Contracts Act after receiving preliminary nod from Parliament\u2019s general assembly\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Tenders and Auctions Act gets renamed as Public Contracts Act, gets preliminary nod from House GA: Parliament preliminarily approved the Tenders and Auctions Act during a plenary session yesterday, Al Shorouk reports. 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Any amendments to the bill, which received a preliminary\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593104,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/draft-smes-act-gets-early-nod-from-house-committee\/","url_meta":{"origin":626476,"position":1},"title":"Draft SMEs Act gets early nod from House committee","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"LEGISLATION WATCH- Draft SMEs Act gets early nod from House committee: The proposed SMEs Act, which would provide tax and non-tax incentives for small and medium-sized businesses to join the formal economy, received preliminary House committee approval yesterday, according to Masrawy. The current 76-article draft provides a legal framework to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/1149.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627389,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/31\/govt-to-issue-public-contracts-act-executive-regulations-in-six-months\/","url_meta":{"origin":626476,"position":2},"title":"Gov\u2019t to issue Public Contracts Act executive regulations in six months","author":"enterpriseam admin","date":"31 July 2018","format":false,"excerpt":"LEGISLATION WATCH- The government will issue the executive regulations to the Public Contracts Act within six months\u2019 time, Finance Minister Mohamed Maait said, Al Ahram reports. The legislation (previously known as the Auctions and Tenders Act) was approved by the House of Representatives last week after going through a second\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596734,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/finance-ministry-completes-executive-regs-for-public-contracts-act\/","url_meta":{"origin":626476,"position":3},"title":"Finance Ministry completes executive regs for Public Contracts Act","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"LEGISLATION WATCH- The Finance Ministry has completed the executive regulations of the Public Contracts Act and will send them to Cabinet for review, Youm7 reports. The new regulations aim to promote fair competition for government tenders, increase interest, and improve the transparency of the bidding process. The regulations lengthen the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634238,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/house-gives-preliminary-nod-to-bankruptcy-act\/","url_meta":{"origin":626476,"position":4},"title":"House gives preliminary nod to Bankruptcy Act","author":"enterpriseam admin","date":"10 January 2018","format":false,"excerpt":"LEGISLATION WATCH- House gives preliminary nod to Bankruptcy Act: The House of Representatives gave a preliminary nod to the Bankruptcy Act during a session of the general assembly yesterday that saw Investment Minister Sahar Nasr in attendance, Al Mal reports. The bill, a key element of the Sisi administration\u2019s economic\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631553,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/tenders-and-auctions-act-income-tax-amendments-to-go-to-plenary-session-in-april\/","url_meta":{"origin":626476,"position":5},"title":"Tenders and Auctions Act, Income Tax amendments to go to plenary session in April","author":"enterpriseam admin","date":"21 March 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives will discuss the Tenders and Auctions Act in a plenary session when it reconvenes in April, Planning and Budgeting Committee chair Hussein Issa tells Al Mal. The committee will put its \u201cfinal touches\u201d on the bill after the March presidential elections before it moves\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=626476"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626476\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626457"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626476"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626476"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}