Article Thirteen
| No: 41061554 | Date(g): 20/6/2020 | Date(h): 29/10/1441 |
Translated Document
Effective from 2020-06-20 - Jun 19 2020
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| 1- | The company protects the commercial confidentiality of the concerned parties. However, the company is required to provide registry data to the following entities: | ||
| (a) | The parties to the registered contract. | ||
| (b) | Entities licensed to conduct financing activities, with the lessor's written consent. | ||
| (c) | The judiciary. | ||
| (d) | The institution. | ||
| (e) | Interested parties in the secondary market; the beneficiary may request access to the registry for concerned parties, including advisors, appraisers, and others, in the case of securitization. | ||
| (f) | The Capital Market Authority, subject to obtaining the Central Bank’s approval. | ||
| (g) | Any other government entity, subject to obtaining the Central Bank’s approval. | ||
| 2- | Requests must be submitted electronically or in paper form to the company, which will issue a signed and certified copy of the registration data within five (5) business days from the date of the request. | ||