Alqanoni

Law of TIT V2

Art. 7
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Communications & IT (MCIT)

1. Without prejudice to other laws, a service provider must obtain the following: a- The Commission’s approval prior to undertaking either of the following: (1) A significant change in the ownership of the licensee or registrant. (2) Assignment of the license, registration, or permit to a third party. b- A no-objection statement from the Commission when making a significant change in the senior management of the licensee or registrant. 2. The Regulations shall determine the controls and procedures necessary for obtaining the approval and the no-objection statement referred to in paragraph (1) of this Article. In all cases, the Commission shall issue its decision within a period not exceeding 90 days from the date the application is completed. The lapse of the period stipulated in this paragraph without the issuance of a decision by the Commission shall be deemed an approval. Law of Telecommunications and Information Technology Chapter 2 : Licenses

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

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