Many citizens have been questioning the future of the amendments to the Old Rent Law, especially after the House of Representatives gave final approval to the changes just before the end of the legislative session. The main inquiry revolves around the official date when these new amendments will come into actual effect.
According to Article 123 of the Constitution, the President of the Republic holds the authority to either issue or object to laws. If the President objects to a bill passed by the House of Representatives, he must return it to the parliament within thirty days from the date he is notified. If the bill is not returned within that period, it is considered automatically enacted. However, if it is returned and then reapproved by two-thirds of the members, it is also considered legally binding and is officially issued.
Applying this constitutional provision to the amendments of the Old Rent Law, which were finally approved by the House of Representatives during its session held on July 2nd, it is expected that the bill was sent to the President the following day for final approval.
Based on this timeline, the constitutionally mandated thirty-day deadline would expire on August 3rd, assuming the bill was indeed submitted immediately after ratification. This would be the case unless the law is officially announced and published in the Official Gazette before the expiration of the thirty-day period.
To stay updated with the latest official offerings and browse thousands of residential properties across various cities, visit the Official Egyptian Real Estate Platform — your safe destination for finding the right home for you and your family.