Alqanoni

Civil Transactions Law

Art. 189
Status unknownSaudi ArabiaRegulation

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

1. If a simulated contract is concluded, the bona fide creditors of the contracting parties and their particular successors may invoke such contract; they may also invoke the real contract and establish that the contract that prejudiced them was simulated. 2. If the interests of the concerned parties are in conflict, and some invoke the simulated contract while others invoke the real contract, priority shall be given to the parties invoking the simulated contract.

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

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