UAE Commercial Transactions Law

Article 148 — Article (148)

Book Two: Commercial Obligations and Contracts · Part Two: Commercial Sale · Chapter two: Certain types of Commercial Sales: Section one: Sale by Installment: Article (111) · Section Four: Certain Kinds of International Sales: Article (130)

1. The buyer shall not be bound to accept the documents sent to him by the seller if they do not conform to the stipulations of the sale contract. The buyer shall be deemed to have accepted such documents if he does not raise any objection via the seller's bank within (7) seven days of the date of receipt. Any objection shall be made by notice served in writing to the seller requiring him to send documents conforming to the conditions agreed upon within a reasonable time limit. The buyer may, after the expiry of said time limit, request the termination of the sale and payment of damages, where applicable. 2. Where the buyer returns the documents for certain specified reasons or accepts them with reservations, he may not thereafter make any objection other than for the causes and reservations already made. 3. Where the buyer returns the documents without any legitimate reason, he shall be liable to compensate the seller for whatever damage that may result therefrom.

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