Skip to main content

Article 6

No: M/51

Effective from Jul 03 2012 - Jul 02 2012
To view other versions open the versions tab on the right

The finance company must commence its finance activities within a period not exceeding one year as from the date of obtaining the license. After commencing its activities, it shall not cease its activities for more than three successive months unless approved by SAMA. The Regulations shall specify necessary controls therefor.