Book traversal links for Article (8)
Article (8)
Effective from Apr 19 2025 - Nov 04 2011
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The license shall be terminated in the following cases:
1- | automatically upon its expiry date, if not renewed; | |||
2- | dissolution of the company for any cause stipulated in the Companies Law; | |||
3- | issuance of a decision to revoke the license; and | |||
4- | failure of the company to conduct business within 12 months from the issuance date of the license without reasonable justifications acceptable to SAMA. |