Alqanoni

Law of Collective Real Estate Investment Schemes

Art. 20
Status unknownSaudi ArabiaRegulation

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

The licensee, the Authority, and the assembly shall have the right to dismiss the manager of the collective real estate investment scheme as specified in the Regulations if said manager abuses his powers or breaches his obligations, without prejudice to any other penalty that may be imposed on him.

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

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