Alqanoni

Chambers of Commerce Law

Art. 24
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

If the chairman of the chamber, or any of his deputies, a board member, or the secretary general has a direct or indirect interest in any contract or agreement concluded by the chamber, he must notify the board of directors of such interest, and shall not attend board deliberations on any matter relating to such contract or agreement, nor vote thereon.

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

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