1. The contracting parties may mutually agree to rescind the contract after its conclusion. 2. Mutual rescission (Iqala) shall be subject to the general conditions of a contract. 3. Mutual rescission may be effected in respect of part of the subject matter of the contract in exchange for its corresponding consideration. 4. For the validity of mutual rescission of the entire subject matter of the contract, it shall be possible for the contracting parties to return to the state they were in before the contract. 5. As between the contracting parties, mutual recission shall have the effect of rescission; however, with respect to third parties, it shall constitute a new contract.
Interpretation and application must be checked against the official text and current version.