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Saudi Authority for Accredited Valuers: Decision 525 Approving the Rules Governing the Provision of Real Estate Valuation Services to Financing Entities

Post author By [email protected]
Post date 20 July 2024

The Chief Executive Officer of the Saudi Authority for Accredited Valuers,

after perusal of article 28(16) of the Law of Accredited Valuers issued by Royal Decree D/43 dated 9 Rajab 1433 [11 February 2022], which includes the authorization of the board of directors of the authority to issue decisions and rules relating to the profession,

and after perusal of article 8(11) of the Powers of the Saudi Authority for Accredited Valuers Regulation issued by the board of directors of the authority decision 3/B/23 dated 6 Muharram 1445 [24 July 2023], which includes the authorizaton of the chief executive officer of the authority to issue decisions and rules relating to the profession,

hereby decides

First

The Rules Governing the Provision of Real Estate Valuation Services to Financing Entities are hereby approved.

Second

The rules must be published in the official gazette, and come into force from 1 November 2024. They repeal any decisions in conflict with them.

Engineer Faisal bin Bader Al-Mandeel
Chief Executive Officer

Issued on: 15 Muharram 1446
Corresponding to: 21 July 2024

Published in Umm Al-Qura 5041 issued on 2 August 2024.

Tags Saudi Authority for Accredited Valuers

Laws and Regulations

Rules Governing the Provision of Real Estate Valuation Services to Financing Entities

Post author By [email protected]
Post date 20 July 2024

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Ministerial Decision

Water and Electricity Regulatory Authority: Decision 15011843 Approving the Rules and Procedures for the Work of the Committees for Examining Violations of the Provisions of the Environment Law and Its Executive Regulations

Post author By [email protected]
Post date 19 July 2024

Arabic Auto Translate

Issued on: 14 Muharram 1446
Corresponding to: 20 July 2024

Published in Umm Al-Qura 5040 issued on 26 July 2024.

Tags Water and Electricity Regulatory Authority

Laws and Regulations

The Rules and Procedures for the Work of the Committees for Examining Violations of the Provisions of the Environment Law and Its Executive Regulations

Post author By [email protected]
Post date 19 July 2024

Laws and Regulations

Amending the Name of the Ministry of Municipal and Rural Affairs and Housing

Post author By [email protected]
Post date 18 July 2024

Council of Ministers Decision

Council of Ministers: Decision 40 Approving the Investment Law

Post author By [email protected]
Post date 16 July 2024

Arabic Auto Translate

Issued on: 10 Muharram 1446
Corresponding to: 17 July 2024

Published in Umm Al-Qura 5043 issued on 16 August 2024.

Ministerial Decision

Zakat, Tax and Customs Authority: Decision 1446-99-82 Implementing Phase Fourteen of Linking Electronic Invoicing Systems

Post author By [email protected]
Post date 16 July 2024

Arabic

The Governor of the Zakat, Tax, and Customs Authority,

based on the powers entrusted to him by law,

after perusal of the Electronic Invoicing Regulation issued by the board of directors of the authority Decision 2-6-20 dated 4 Rabi Al-Thani 1442 [20 November 2020], based on article 6(a) of the aforementioned regulation, and after perusal of Administrative Decision 19821 dated 15 Shawwal 1442 [27 May 2021], and its amendments, which includes the approval of the controls, requirements, technical specifications, and procedural rules necessary to implement the provisions of the Electronic Invoicing Regulation,

hereby decides

First

Taking into account the provisions of the commitment decisions to link the electronic invoicing systems previously issued by the authority, all persons subject to the electronic invoicing regulation whose annual revenues subject to value-added tax for the year 2022 or for the year 2023 exceed 5,000,000 (five million) Riyals shall commit to linking their electronic invoicing systems, sending electronic invoices and electronic notices, and sharing their data with the authority—the fourteenth stage of linking electronic invoicing systems with the systems of the authority—as of 1 February 2025, and until the latest of 30 April 2025.

Second

The authority shall notify persons who meet the criteria stipulated in this decision using the means of communication approved by the authority within the specified time period.

Third

This decision must be communicated to those required to implement it, and comes into force on the date of its publication in the official gazette.

May Allah provide success.

Governor Suhail bin Mohammed Abanmi

Issued on: 11 Muharram 1446
Corresponding to: 17 July 2024

Published in Umm Al-Qura 5040 issued on 26 July 2024.

Tags Zakat‚ Tax and Customs Authority

Council of Ministers Decision

Council of Ministers: Decision 25 Approving the General Cooperation Agreement between the Governments of Saudi and Sierra Leone

Post author By [email protected]
Post date 15 July 2024

Arabic

The Council of Ministers,

after perusal of Royal Court File 75444 dated 19 Shawwal 1445 [28 April 2024], which includes the Minister of Foreign Affairs Telegram 135644 dated 2 Jumada Al-Awwal 1445 [15 November 2023], regarding the final signed version of a draft General Cooperation Agreement between the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Sierra Leone, and the final signed version of a draft Memorandum of Understanding regarding Political Consultations between the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia and the Ministry of Foreign Affairs and International Cooperation of the Republic of Sierra Leone,

after perusal of the aforementioned final copies,

after perusal of the Bureau of Experts at the Council of Ministers Memorandum 3080 dated 24 Sha’ban 1445 [5 March 2024],

after considering Shura Council Decision 270/26 dated 14 Shawwal 1445 [23 April 2024],

and after perusal of the General Committee of the Council of Ministers Recommendation 12190 dated 24 Dhu Al-Qa’dah 1445 [1 June 2024],

hereby decides

First

The General Agreement on Cooperation between the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Sierra Leone signed in the city of Riyadh on 26 Rabi Al-Thani 1445, corresponding to 10 November 2023, is hereby approved in the form attached.

Second

The Memorandum of Understanding on Political Consultations between the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia and the Ministry of Foreign Affairs and International Cooperation of the Republic of Sierra Leone signed in the city of Riyadh on 26 Rabi Al-Thani 1445, corresponding to 10 November 2023, is hereby approved in the form attached.

A draft royal decree has been prepared in the form attached.

The Prime Minister

Issued on: 10 Muharram 1446
Corresponding to: 16 July 2024

Published in Umm Al-Qura 5041 issued on 2 August 2024.

Council of Ministers Decision

Council of Ministers: Decision 41 Amending the System of the Nuclear and Radiological Regulatory Commission

Post author By [email protected]
Post date 15 July 2024

Arabic

The Council of Ministers,

after perusal of the Royal Court File 60731 dated 19 Sha’ban 1445 [29 February 2024], which includes Chairman of the Board of Directors of the Nuclear and Radiological Regulatory Authority Telegram 3098 dated 13 Sha’ban 1445 [23 February 2024], regarding the request to amend paragraph 6 of article 6 of the System of the Nuclear and Radiological Regulatory Authority,

after perusal of the System of the Nuclear and Radiological Control Authority issued by Council of Ministers Decision 334 of 25 Jumada Al-Thani 1439 [13 March 2018],

after perusal of the Bureau of Experts at the Council of Ministers Memorandum 3353 dated 15 Ramadan 1445 [25 March 2024],

after perusal of the Council of Economic and Development Affairs Minutes 1942/45/M dated 16 Shawwal 1445 [24 April 2024],

and after perusal of the General Committee of the Council of Ministers Recommendation 12176 dated 24 Dhu Al-Qa’dah 1445 [31 May 2024],

hereby decides

Article 6(6) of the System of the Nuclear and Radiological Control Authority issued by Council of Ministers Decision 334 dated 25 Jumada Al-Awwal 1439 [13 March 2018], is hereby amended to read as follows: “Approving the structure and organizational guide of the authority.”

The Prime Minister

Issued on: 10 Muharram 1446
Corresponding to: 16 July 2024

Published in Umm Al-Qura 5040 issued on 26 July 2024.

Ministerial Decision