Civil Transactions Law
Art. 570Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. An output sharing contract shall terminate upon the expiration of its term, or
upon the completion of the work.
2. An output sharing contract shall terminate upon the worker’s death if the
person of the worker was a decisive factor in concluding the contract, or if
the heirs decide not to complete the work. The capital owner may demand
Civil Transactions Law
termination of the contract if the heirs do not possess sufficient capabilities
to perform the work.
3. The output sharing contract shall not terminate upon the death of the capital
owner.
Subsection 2: Agricultural Partnership Contract
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded