Alqanoni

نظام الهيئة العامة للأوقاف باللغة الإنجليزية

Art. 9
Status unknownSaudi ArabiaRegulation

Issued by General Authority for Endowments (Awqaf)

1. Following up on Board decisions and overseeing implementation thereof, and informing the Board of actions taken thereon. 2. proposing the Authority's plans and programs and overseeing implementation thereof upon approval by the Board. 3. proposing the Authority’s organizational structure. 4. overseeing the drafting of the Authority's administrative, financial, and investment regulations as well as other internal regulations and proposing amendments thereto. 5. overseeing the Authority’s operations in accordance with applicable regulations. 6. overseeing the drafting and amendment of laws relating to endowments, and presenting said laws to the Board for approval, in preparation for approval by the relevant agencies, in accordance with applicable procedures. 7. overseeing the drafting of strategies, plans, and policies relating to endowments and submitting the same to the Board for approval. 8. overseeing the drafting of the annual budget, financial allocations, and final accounts of endowments under the trusteeship of the Authority and submitting the same to the Board. 9. overseeing the drafting of the Authority's annual budget, financial allocations, final accounts, and annual report and submitting the same to the Board. Law of the General Authority of Endowments 10. submitting periodic reports to the Board on the Authority’s activities and achievements. 11. overseeing the Authority's employees in accordance with his powers and the regulations. 12. overseeing the Authority’s payment orders in accordance with the approved annual budget. 13. representing the Authority before the court and other agencies. 14. assuming powers conferred upon him by Board decisions and the laws and regulations pertaining to the Authority. The Governor may, at his own discretion, delegate certain powers to any Authority official or committee as necessary. Law of the General Authority of Endowments The Authority aims to regulate, maintain, and develop endowments so as to fulfil the conditions of their endowers and promote the role of the endowments in economic and social development and social solidarity in accordance with the intents of Sharia and law

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