Civil Transactions Law
Art. 399Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Reconciliation shall not create a new right for any of the parties with respect to
the rights subject of reconciliation. However, a consideration for reconciliation
relating to other than such rights shall create a right which shall be subject to
the provisions governing commutative contracts as per the nature of the
consideration and the relinquished right.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded