Bouncing loan cheques in the UAE no longer a crime - The National:
Loan defaulters no longer face prison when their security cheques bounce.
Expatriates jailed for defaulting have been released from prison and federal courts no longer accept bounced cheques presented by lenders as evidence of a crime, which effectively decriminalises defaulting on a loan.
The relaxation for expatriates follows a similar move in October that affected only Emiratis. It the result of a decree by the President, Sheikh Khalifa, that expatriate and Emirati loan defaulters should be treated equally.
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