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Article 3

No: 2/MFC Date(g): 24/2/2013 | Date(h): 14/4/1434

Effective from 2013-03-08 - Mar 07 2013
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 1.Any legal person engaging in one or more of the Finance Activities specified in Article 10 of the Law, or any other Finance Activity approved by SAMA in accordance with Article 10 of the Law, shall be subject to the provisions of this Regulation.
 2.Notwithstanding the provision of phargraph 1 of this Article, consumer microfinance companies are subject to the rules issued by SAMA in this regard.