Magazine date:
Sep 2003 On July 6, 2003 he Algerian government examined a preliminary draft concerning a mandatory insurance against the effects of natural disasters. The draft includes:
- A mandatory insurance in industrial, commercial and craft facilities for any person or entity carrying on an industrial and/or commercial activity.
- The non-payment of public compensation for people who do not subscribe to an insurance.
- A payment of a fine for non-respect of the regulation.
- An insurance contract to legalize real estate cessions and rent agreements.