The Minister of Commerce,
based on the powers entrusted to him by law,
based on article 26 of the Commercial Franchise Law issued by Royal Decree D/22 dated 9 Safar 1441,
and after perusal of Ministerial Decision 00591 of 18 Ramadan 1441 Approving the Executive Regulation of the Commercial Franchise Law,
hereby decides
First: The repeal of item 13 titled “Financial Status Information of the Franchisor” of the Disclosure Document Requirements annexed to the Executive Regulation of the Commercial Franchise Law is hereby approved, and the items of the Disclosure Document Requirements are hereby renumbered in accordance with this.
Second: This decision must be published in the official gazette, and comes into force on the date of its publication.
Minister of Commerce
Dr Majid bin Abdullah Al-Qasabi
Issued on: 14/8/1444
Corresponding to: 6/3/2023
Published in Umm Al-Qura 4973 issued on 10 March 2023.