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A Consumer Microfinance Company must provide SAMA with its audited annual financial statements, auditor’s report and the Board report within (45) forty five working days from the end of the Gregorian year.
2.
A Consumer Microfinance Company must provide SAMA with its quarterly financial statements and auditor’s report within (20) twenty working days from the end of each Gregorian quarter.
3.
A Consumer Microfinance Company shall immediately report to SAMA any losses exceeding (15%) of the paid-up capital.
4.
SAMA may amend the periods mentioned in this Article when it deems necessary.
