UAE Civil Transactions Law

Article 419

Book One: Obligations · Section Two: Effects of the Obligation · Chapter Five: Multiplicity of Parties to the Obligation · Part Four: Transfer of the Obligation · Second: Assignment of Debt

1. If the creditor accepts the assignment, the liability of the original debtor shall be discharged as against the creditor, and the debt shall be transferred to the liability of the assignee. 2. If the creditor expressly or implicitly refuses to accept the assignment, the liability of the original debtor shall not be discharged. 3. If the assignee or the original debtor notifies the creditor of the assignment and gives them a reasonable period to approve the assignment, and the period expires without approval, the creditor's silence shall be deemed a refusal of the assignment.

WAWhatsAppTGTelegram