Skip to main content

Article (Four): Powers of SAMA in reference to Qualified Financial Contracts

No: 1/46 Date(g): 16/2/2025 | Date(h): 18/8/1446 Status: In-Force

Effective from 2025-02-16 - Feb 15 2025
To view other versions open the versions tab on the right

SAMA may amend or designate as "Qualified Financial Contracts" any agreement, contract or transaction, in addition to those listed in annex (1), determined between SAMA and the Capital Market Authority, and agreed with the Ministry of Commerce, pursuant to the provisions of article (Two Hundred Fourteen) of the Bankruptcy Law and article (Seventy-Nine) of the implementing regulation of the Bankruptcy Law.