Alqanoni

Commercial Maritime Law

Art. 36
Status unknownSaudi ArabiaRegulation

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

1. Any transaction, the subject matter of which is the establishment, transfer, or termination of an ownership right, or any other right in rem against the vessel, shall be established by an official document; otherwise, it shall be invalid. If such transaction is carried out in a foreign country, it shall be authenticated by the Kingdom's diplomatic mission in such country. 2. The transaction referred to in paragraph (1) of this Article shall not be effective vis-a-vis third parties, unless it is entered in the vessel register.

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

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