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  • Laws & Regulations
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    • Capital Market Law
        <
      • Chapter Two The Capital Market Authority
          <
        • Article Fourteen
  1. Capital Market Authority
  2. Laws & Regulations
  3. Capital Market Law
  4. Article Fourteen

Chapter Two The Capital Market Authority - Article Fourteen

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​The Authority shall have a separate annual budget that will be submitted to the Minister of Finance and will be approved in accordance with applicable regulations. Surplus funds collected by the Authority under Article 13 of this Law and under the provisions, rules and instructions issued thereunder, shall be remitted to the Ministry of Finance after deducting all current and capital expenses or other expenses needed by the Authority. However, the Authority shall maintain a general reserve equal to the double of its expenditures as reported in its previous annual budget.

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  • Article Seven
  • Article Eight
  • Article Nine
  • Article Ten
  • Article Eleven
  • Article Twelve
  • Article Thirteen
  • Article FourteenCurrently selected
  • Article Fifteen
  • Article Sixteen
  • Article Seventeen
  • Article Eighteen
  • Article Nineteen
Last modified date:25/01/2017 - 08:48 AM Saudi Arabia time
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  • Chapter Two The Capital Market Authority
    • Article Five
    • Article Six
    • Article Seven
    • Article Eight
    • Article Nine
    • Article Ten
    • Article Eleven
    • Article Twelve
    • Article Thirteen
    • Article FourteenCurrently selected
    • Article Fifteen
    • Article Sixteen
    • Article Seventeen
    • Article Eighteen
    • Article Nineteen
Ch2Article14
 
  • Article Five
  • Article Six
  • Article Seven
  • Article Eight
  • Article Nine
  • Article Ten
  • Article Eleven
  • Article Twelve
  • Article Thirteen
  • Article FourteenCurrently selected
  • Article Fifteen
  • Article Sixteen
  • Article Seventeen
  • Article Eighteen
  • Article Nineteen