Issued on: 18 Dhu Al-Hijja 1445
Corresponding to: 24 June 2024
Published in Umm Al-Qura 5040 issued on 26 July 2024.
Tag: Saudi Authority for Accredited Valuers
The Chief Executive Officer of the Saudi Authority for Accredited Valuers,
based on the powers entrusted to him by law,
and after perusal of paragraph 3 of article 8 of the Regulation of Powers of the Saudi Authority for Accredited Valuers Regulation issued by decision 3/B/23 of the board of directors of the authority on 6 Muharram 1445 [24 July 2023],
hereby decides
First
The Professional Criteria for Vehicle Damage Valuation is hereby approved in the form attached.
Second
The criteria must be published in the official gazette and comes into force from the date of its publication. It repeals any decision in conflict with it.
Engineer Faisal bin Bader Al-Mandeel
Chief Executive Officer
Issued on: 19 Dhu Al-Qa’dah 1445
Corresponding to: 27 May 2024
Published in Umm Al-Qura 5034 issued on 31 May 2024.
Issued on: 4 Dhu Al-Qa’dah 1445
Corresponding to: 12 May 2024
Published in Umm Al-Qura 5032 issued on 17 May 2024.
Issued on: 28/1/1445
Corresponding to: 15/8/2023
Published in Umm Al-Qura 4997 issued on 8 September 2023.
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.
Issued on: 6/1/1445
Corresponding to: 24/7/2023
Published in Umm Al-Qura 4997 issued on 8 September 2023.
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.
Issued on: 6/1/1445
Corresponding to: 24/7/2023
Published in Umm Al-Qura 4997 issued on 8 September 2023.
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.
Issued on: 11/9/1444
Corresponding to: 2/4/2023
Published in Umm Al-Qura 4981 issued on 12 May 2023.