CAIRO – 21 April 2023: Member of parliament for the Coordination Committee of Party's Youth Leaders and Politicians (CPYP), Mohamed Ismael, has submitted a request to the House Speaker, Hanafi Jabali, to form a committee to measure the legislative impact of the ‘money guardianship law’.
In his request, Ismael said that forming the committee that aims to measure the legislative effect of (Law 119 of 1952), comes as the guardianship law over minors’ money stipulates that a widowed mother does not have the right to guardianship, and direct disposal of the money of her children who did not reach the age of majority (21) years according to the law.
The financial guardianship, however, after that, devolves after the death of the father, accordingly, to the grandfather and then to the uncle.
And after nearly seventy years since passing the law, it has been proven that the existing law, have some shortcomings in it, along with number of problems. As with the current economic developments; it has become necessary to review the legislation and enable the guardianship the right to invest that money until the child reaches the legal age. This is so that money does not lose its fixed value over time.
Furthermore, parliamentarian Amira al-Adly has submitted briefing request addressed to the Minister of Justice regarding the ‘money guardianship law’ and the procedures for taking money from the state in case minors need it.
In her request, Al-Adly said that she is submitting her ‘briefing request’ based on complaints submitted by citizens only with the aim of following-up of the guardianship file over the money and the procedures for taking money from the state, if minors need it.
This comes, along with “ways to deposit the minors’ funds in bank” and the lack of a clear vision and final solutions about depositing funds in the most appropriate financial situation and the highest bank interest in order to preserve and develop minors’ fund.
In addition to other procedures related to schools and educational matters, and other matters that affect the life of minors on a daily basis, causing disrupting their interests.
MP Amira al-Adly demanded that the request be referred to the relevant committees.
Earlier on April, A draft law on combating child marriage and considering it a form of human trafficking was also submitted to the House of Representatives by parliamentarian Amira al-Adly.
Adly cited a World Bank report that says developing counties will lose trillions of dollars by 2030 due to child marriage. If combatted, positive effects will be seen on the education of girls and later their children, on the reduction of a woman’s offspring in her lifetime, and on her and her family’s income.
She added that child marriage is one of the main contributors of the population boom in Egypt, which also results in child labor, dropouts from education, and more cycles of child marriage.
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