Chambers of Commerce Law
Art. 36Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Amounts not allocated in the budget and amounts exceeding their allocations
in the budget may not be disbursed. Transfer between budget allocations is
not permitted, nor shall a budget allocation be used for other than its
designated purposes without the board’s approval.
2. Any decision not consistent with the provisions of paragraph (1) of this Article
shall be deemed null and void. Any person who commits or participates in
such violation shall, to the extent of his involvement and within 30 days of
being notified thereof, reimburse the chamber for funds disbursed without
board approval or disbursed for other than their designated purposes.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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