Anti Concealment Law

The following acts shall be deemed violations under this Law: a) An entity illegally granting a non-Saudi the means which allow him to have unrestricted authority over such entity. b) A non-Saudi illegally possessing or using any means which allow him to have unrestricted authority over an entity. c) An entity using a bank account other than its own for its economic activity transactions. d) The Regulations shall determine the provisions relating to this Article, taking into account the cases where the granting or possession of said means is made in good faith. Chapter 3: Recording, Investigation, and Trial