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Ministerial Decision

Saudi Authority for Accredited Valuers: Decision 500 Approving the Rules Governing the Branch for Vehicle Damage Valuation

Arabic

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

based on the powers entrusted to him by law,

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 authority 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/D/23 dated 6 Muharram 1445 [24 July 2023], which includes the authoriszaton of the chief executive officer of the authority to issue decisions and rules relating to the profession,

hereby decides

First

The Rules Governing the Branch for Vehicle Damage Valuation are hereby approved in the form attached.

Second

All existing assessment centers and all those carrying out vehicle damage assessment work must rectify their status in accordance with the provisions of the rules approved in clause First of this decision.

Third

The rules and decision must be published in the official gazette and come into force from the date of their publication. They repeal any decisions in conflict with them.

Chief Executive Officer
 Engineer Faisal bin Bader Al-Mandeel

Issued on: 4 Dhu Al-Qa’dah 1445
Corresponding to: 12 May 2024

Published in Umm Al-Qura 5032 issued on 17 May 2024.