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Royal Decree

Royal Decree D/203 Approving the Real Estate Contributions Law

D/203

Arabic

With the help of Allah the Almighty

We, Salman bin Abdulaziz Al-Saud, the King of the Kingdom of Saudi Arabia,

based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412,

based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414,

based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412,

after perusal of Shura Council Decision 305/45 dated 28 Dhu Al-Qa’dah 1443 and Decision 152/21 dated 29 Rajab 1444,

and after perusal of Council of Ministers Decision 881 dated 23 Dhu Al-Hijja 1444,

have decreed as follows

First: The Real Estate Contributions Law is hereby approved in the form attached.

Second: His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned authorities—each within their area of competence—shall implement this decree of Ours.

Salman bin Abdulaziz Al-Saud

Issued on: 28/12/1444
Corresponding to: 16/7/2023

Published in Umm Al-Qura 4990 issued on 21 July 2023.