New Amendment To The Consumer Protection Law – Dodd-Frank, Consumer Protection Act


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On April 5, 2024, Law No. 20 of 2024 (the
Law“) was passed and published in the
Official Gazette, adopting new amendments to the Consumer
Protection Law No. 181 of 2018 (the
CPL“).

The Law increased the fine imposed for committing the prohibited
acts of detaining strategic products intended for sale from trading
by concealing them, not offering them for sale, refusing to sell
them, or by any other means (the
Offence“).

The new Amendment is no different with regards to the
imprisonment term which is a minimum of one (1) year, nevertheless,
the new Amendment increased the maximum fine from an amount ranging
from EGP 100,000 (One Hundred Thousand Egyptian Pounds) to EGP
2,000,000 (Two Million Egyptian Pounds) to an amount ranging from
EGP 150,000 (One Hundred and Fifty Thousand Egyptian Pounds) to EGP
3,000,000 (Three Million Egyptian Pounds).

In the case of the repetition of the Offence, the offender shall
be punished by imprisonment for a period not less than two (2)
years and not exceeding five (5) years, and the fine will be
doubled to its maximum limit.

Under the new Amendment, the items used to commit the Offence
shall be seized and confiscated and the shop or premises where the
Offence occurred will be closed for a period not exceeding six (6)
months. The ruling shall also be published in two (2) widely
circulated daily newspapers at the expense of the convict.

The new Amendment also stipulated another sanction to the
offence: making it permissible to rule for the revocation of the
license of the establishment or the premises at which the Offence
occurred.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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