Book traversal links for Article 6: Not Commencing Agent Banking Activity
Article 6: Not Commencing Agent Banking Activity
Effective from 2019-02-20 - May 02 2019
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SAMA’s non-objection to contracting with an Agent shall be deemed cancelled if the approved Agent does not commence business within a nine-month period from the date of issuing SAMA’s non-objection. SAMA may, at its discretion, extend this period.