Law of Collective Real Estate Investment Schemes
Art. 7Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The Authority may require adding to the capital of the collective real estate investment scheme a
reserve amount not exceeding 15% of its estimated cost to cover any unanticipated additional
expenditures. Disbursement of the reserve amount shall be subject to the approval of the assembly.
The Regulations shall specify the necessary conditions therefor and the manner of returning the
reserve amount to the investors if not used.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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