Alqanoni

Civil Transactions Law

Art. 568
Status unknownSaudi ArabiaRegulation

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

1. Each contracting party shall be entitled to his share of the output upon realization thereof. An agreement may be made on the method of calculating the output and on its due dates. 2. If an output sharing contract expires, the capital owner shall recover his original capital, and the worker shall recover the expenses he incurred for items that are not connected to the original capital and which did not contribute towards the output as well as the useful expenses he incurred for items connected to the original capital the separation of which from such capital would cause damage thereto; in such case, the capital owner may acquire such items and pay the worker the expenses he incurred or the amount of any increase in the value of the original capital, unless agreed otherwise.

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

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