Alqanoni

Tourism Law

Art. 4
Status unknownSaudi ArabiaRegulation

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

A licensee shall provide financial guarantees for tourism activities requiring such guarantees. The Regulations shall specify said activities and the provisions related to the guarantees, including their amounts and conditions as well as the manner of collecting the fines and any amounts due to third parties from such guarantees, in agreement with the Ministry of Finance.

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

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