Alqanoni

Franchise Law

Art. 24
Status unknownSaudi ArabiaRegulation

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

1. A person who violates this Law or its Regulations shall be punished by a fine not exceeding five-hundred thousand riyals. 2. Pursuant to a decision by the Minister, a committee of three members, comprising at least one specialist in commercial law, shall be formed to review violations of this Law and its Regulations and to impose the penalty prescribed in paragraph 1 of this Article. 3. The committee’s work rules and procedures, and the remunerations of its chairman, members, and secretariat shall be determined pursuant to a decision issued by the Minister. 4. Without prejudice to the provisions of relevant laws, a person against whom a penalty decision is issued may appeal such decision before the Board of Grievances. 5. A penalty decision may include a provision to publish its summary at the expense of the violator in one or more local newspapers issued in the area of his place of residence or principal place of business. The decision may also include a provision to publish its summary on the Ministry’s website or through any other medium specified by the Ministry. In any case, publication shall be carried out after the penalty decision becomes unappealable upon the lapse of the statutory Franchise Law period or is upheld by the Board of Grievances. 6. Imposing the penalty prescribed in paragraph 1 of this Article shall not prejudice the right of recourse against the person causing damage as a result of violating this Law.

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

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