Alqanoni

Article 16: License Expiry

Art. 16
Status unknownSaudi ArabiaRegulation

Issued by Saudi Central Bank (SAMA) Rulebook

The license shall be legally expired in the following cases: 1. Non-renewal of expired license; 2. Appointment of liquidator for the finance support company; or 3. Commencement of bankruptcy proceedings under the Bankruptcy Law .

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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