The Council of Ministers, after perusal in its session held under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, of Royal Court File 60734 dated 19 Sha’ban 1445 [9 February 2024] regarding the Organizational Arrangements of Taif Development Authority,
after perusal of the aforementioned draft organizational arrangements,
after perusal of the financial and administrative regulations of regions and cities development authorities issued by Council of Ministers Decision 475 dated 7 Ramadan 1439 [22 May 2018],
after perusal of Royal Order 62332 dated 4 Shawwal 1443 [5 May 2022] and Royal Order 68175 dated 2 Dhu Al-Qa’dah 1443 [1 June 2022],
after perusal of Bureau of Experts at the Council of Ministers Memorandum 104 dated 9 Muharram 1444 [7 August 2022], Memorandum 521 dated 19 Safar 1444 [15 September 2022], Memorandum 1371 dated 3 Jumada Al-Awwal 1444 [27 November 2022], Memorandum 1761 dated 9 Jumada Al-Thani 1444 [2 January 2023], Memorandum 2701 dated 7 Ramadan 1444 [29 March 2023], Memorandum 353 dated 3 Jumada Al-Awwal 1445 [17 November 2023], Memorandum 683 dated 27 Safar 1445 [12 September 2023], Memorandum 1001 dated 25 Rabi Al-Awwal 1445 [10 October 2023], Memorandum 1721 dated 16 Jumada Al-Awwal 1445 [30 November 2023], Memorandum 2286 dated 22 Jumada Al-Thani 1445 [4 January 2024], Memorandum 3242 dated 8 Ramadan 1445 [18 March 2024], Memorandum 960 dated 16 Rabi Al-Awwal 1446 [19 September 2024], and Memorandum 2238 dated 24 Jumada Al-Thani 1446 [25 December 2024],
after perusal of the Council of Economic and Development Affairs Minutes 965/46/M dated 4 Jumada Al-Thani 1446 [5 December 2024],
after perusal of the Secretariat of the Council of Economic and Development Affairs Telegram 4052 dated 18 Jumada Al-Thani 1446 [19 December 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 6607 dated 25 Jumada Al-Thani 1446 [26 December 2024],
hereby decides
First
The Organizational Arrangements of Taif Development Authority are hereby approved in the form attached.
Second
The financial and administrative regulations of regions and cities development authorities issued by Council of Ministers Decision 475 dated 7 Ramadan 1439 [22 May 2018] hereby apply to Taif Development Authority.
Third
The Chairman of the Board of Directors of Taif Development Authority and the Minister of Finance shall agree on all matters relating to investing the funds of the authority and establishing appropriate mechanisms that enable the authority to benefit from its revenues and the fees for the services and work it provides—without prejudice to the provisions of Royal Order Circular 55685 dated 30 Dhu Al-Qa’dah 1438 [23 August 2017]—to ensure the financial sustainability of the authority.
Fourth
A committee is hereby formed consisting of Makkah Region Development Authority and Taif Development Authority, to coordinate the transfer of tasks and competences relating to comprehensive planning and development of Taif Governorate and related projects from Makkah Region Development Authority to Taif Development Authority.
Fifth
The first fiscal year of Taif Development Authority begins from the date of entry into force of its organizational arrangements—referred to in clause First of this decision—and it ends at the end of the next fiscal year of the state, as an exception to the provisions of clause Tenth(2) of the arrangements.
Salman bin Abdulaziz Al-Saud
Issued on: 30 Jumada Al-Thani 1446
Corresponding to: 1 January 2025
Published in Umm Al-Qura 5068 issued on 7 February 2025.