Alqanoni

Chambers of Commerce Law

Art. 35
Status unknownSaudi ArabiaRegulation

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

If a chamber’s estimated budget is delayed, the previous estimated budget shall, pursuant to the Minister’s approval, remain in effect pending approval of the budget by the general assembly within 90 days from the beginning of the fiscal year. If the 90-day period lapses without obtaining budget approval from the general assembly, the Ministry shall take the appropriate measures. Chambers of Commerce Law

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

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