Alqanoni

Law of Collective Real Estate Investment Schemes

Art. 6
Status unknownSaudi ArabiaRegulation

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

The capital of a collective real estate investment scheme shall be determined by a licensed valuation entity based on the estimated cost, and such capital shall be approved by the Authority and the Capital Market Authority in accordance with the Regulations. The number of shares and their value shall be determined based on such capital. Law of Collective Real Estate Investment Schemes

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

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