Chambers of Commerce Law
Art. 55Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The Federation shall have one auditor, or more, licensed to practice in the
Kingdom to be annually selected by the General Assembly from among at
least three auditors nominated by its Board of Directors. The Federation may,
upon the approval of the General Assembly, reappoint the auditor, provided
his term of service does not exceed four consecutive years.
2. The auditor shall submit to the General Assembly an annual report prepared
in accordance with the auditing standards approved in the Kingdom, and a
copy thereof shall be provided to the Ministry.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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