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Laws and Regulations

Amendments to the Executive Regulation of the Real Estate Transactions Tax

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Ministerial Decision

Ministry of Municipal and Rural Affairs and Housing: Decision 1/4400984351 Approving the Amendment to the Regulation on the Fees for the Supply of Tobacco Products

Arabic Auto Translate

Issued on: 7/1/1445
Corresponding to: 25/7/2023

Published in Umm Al-Qura 4993 issued on 11 August 2023.

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Laws and Regulations

The Code of Conduct and Ethics of the Valuation Profession

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Royal Decree

Royal Decree D/7 Approving the Law of the Use and Protection of the Emblem and Name of the Red Crescent and Its Equivalent

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 196/26 dated 29 Sha’ban 1444,

and after perusal of Council of Ministers Decision 904 dated 30 Dhu Al-Hijja 1444,

have decreed as follows

First: The Law on the Use and Protection of the Emblem and Name of the Red Crescent and Its Equivalent is hereby approved in the form attached.

Second: Health entities and establishments shall rectify their status in accordance with the law referred to in clause First of this decree within a period not exceeding one year from the date of its entry into force.

The Chairman of the Board of Directors of the Saudi Red Crescent Authority may extend this period as he sees fit in this regard for a period not exceeding 6 months.

Third: 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: 6/1/1445
Corresponding to: 24/7/2023

Published in Umm Al-Qura 4992 issued on 4 August 2023.

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Ministerial Decision

Saudi Authority for Accredited Valuers: Decision 5/40/d/23 Approving the Code of Conduct and Ethics of the Valuation Profession

Arabic

The Board of Directors of the Saudi Authority for Accredited Valuers,

based on the powers entrusted to it,

after perusal of article 28 of the Law of Accredited Valuers, which states: “The board shall exercise the powers necessary for the conduct of the affairs of the authority and the achievement of its objectives stipulated in this law. In particular, it has the following: 2. Reviewing, developing, and approving valuation standards, code of conduct, and the programme for monitoring the quality of professional performance.”

and after perusal of the Code of Conduct and Ethics of the Valuation Profession issued by board decision 7/39/B/23 dated 11 Ramadan 1444,

hereby decides

First: The Code of Conduct and Ethics of the Valuation Profession is hereby approved in accordance with the form attached.

Second: The code must be published in the official gazette, and comes into force after the lapse of 30 days from the date of its publication.

May Allah provide success.

His Excellency Mr Mohammed bin Abdullah Al-Jadaan
The Minister of Finance Chairman of the Board of Directors of the Saudi Authority for Accredited Valuers

Issued on: 6/1/1445
Corresponding to: 24/7/2023

Published in Umm Al-Qura 4997 issued on 8 September 2023.

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Laws and Regulations

The General Rules for the Saudi Authority for Accredited Valuers Fellowship Certificate

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Ministerial Decision

Saudi Authority for Accredited Valuers: Decision 1/40/d/23 Approving the Addition of the Precious Metals and Gemstones Valuation Branch to the Accredited Valuation Branches

Arabic

Decision of the Board of Directors of the Saudi Authority for Accredited Valuers 1/40/B/23 of 6 Muharram 1445

The Board of Directors of the Saudi Authority for Accredited Valuers,

based on the powers entrusted to it by law,

after perusal of article 28 of the Law of Accredited Valuers issued by Royal Decree D/43 dated 9 Rajab 1433 which states: “The board shall exercise the powers necessary to manage the affairs of the authority and achieve its objectives stipulated in this law, and in particular, it has the following: 8. Adding other valuation branches.”

hereby decides

First: The addition of the precious metals and gemstones valuation branch to accredited valuation branches is hereby approved.

Second: This decision must be published in the official gazette, and comes into force on the date of its publication.

May Allah provide success.

His Excellency Mr Mohammed bin Abdullah Al-Jadaan
Minister of Finance 
Chairman of the Board of Directors of the Saudi Authority for Accredited Valuers

Issued on: 6/1/1445
Corresponding to: 24/7/2023

Published in Umm Al-Qura 4997 issued on 8 September 2023.

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Ministerial Decision

Saudi Authority for Accredited Valuers: Decision 4/40/d/23 Approving the Rules of Continuing Professional Education

Arabic Auto Translate

Issued on: 6/1/1445
Corresponding to: 24/7/2023

Published in Umm Al-Qura 4997 issued on 8 September 2023.

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Ministerial Decision

Saudi Authority for Accredited Valuers: Decision 6/40/d/23 Approving the Professional Performance Quality Control Programme

Arabic

The Board of Directors of the Saudi Authority for Accredited Valuers,

based on the powers entrusted to it by law,

After perusal of article 28 of the Law of Accredited Valuers, which states: “The council shall exercise the powers necessary for the conduct of the affairs of the authority and the achievement of its objectives stipulated in this law. In particular, it shall have the following: 2. Reviewing, developing and approving evaluation standards, codes of conduct, and quality control programme for monitoring the professional performance ”

after perusal of the Professional Performance Quality Control Programme approved by Council Decision 6/39/B/23 dated 11 Ramadan 1444 [2 April 2023],

hereby decides

First

The Professional Performance Quality Control Programme is hereby approved in the form attached

Second

The programme—approved in clause First of this decision—hereby replaces the Professional Performance Quality Control Programme approved by Council Decision 6/39/B/23 dated 11 Ramadan 1444 [2 April 2023], and comes into force from its date. It must be communicated to those necessary for its implementation.

May Allah provide success.

His Excellency Mr Mohammed bin Abdullah Al-Jadaan
Minister of Finance, Chairman of the Board of Directors of Saudi Authority for Accredited Valuers

Issued on: 6/1/1445
Corresponding to: 24/7/2023

Published in Umm Al-Qura 4997 issued on 8 September 2023.

Categories
Laws and Regulations

The Professional Performance Quality Control Programme

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