Article 61
Art. 61Status unknownSaudi ArabiaRegulation
Issued by Saudi Central Bank (SAMA) Rulebook
The competent court may invalidate or prohibit an activity or action, whether contractual or otherwise, if one or more of the parties knew or should have known that such an activity could prejudice the ability of the competent authorities to seize or recover funds subject to confiscation.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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