4.1 Cut-off time extension
| No: 43038107 | Date(g): 2/12/2021 | Date(h): 27/4/1443 | Status: In-Force |
Effective from Dec 12 2021 - Dec 11 2021
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When a Participant wishes to have the cut-off time on any day extended, a formal request must be submitted to SAMA by whatever communication facility is agreed with SAMA at the time. Such requests should be sent to SAMA as early as possible.
If the request is approved by SAMA, a penalty fee will be charged to the Participant requesting or causing the cut-off time extension. The amount of the fee payable will be SAR 25,000.00 for each period of 30 minutes by which the cut-off time is to be extended.