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Article Thirteen
No: 43033200 | Date(g): 18/11/2021 | Date(h): 13/4/1443 | Status: In-Force |
Effective from Dec 01 2021 - Nov 30 2021
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The financing company selling the debt must facilitate the debt transfer process and complete it within one business day from the date the requirements are fulfilled. The company may only refuse to approve any debt purchase request if there are sufficient justifications, which must be clearly explained to the customer in writing.