EVENT

Amendment to the Executive Regulations of the Arbitration System

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The amendment of the executive regulations of the arbitration system aims to delete Article 7 as follows:
First: consistency between the system and the regulations as Article 7 of the executive regulations of the arbitration system relates to paragraph (1) of Article (24) of the arbitration system, which was deleted based on the Royal Decree No. (M/8) dated 18/1/1443 AH.
Second: facilitating contracting with arbitrators without requirements that the contract be independent and that it be deposited with a specific authority.
Third: emphasizing that it is not required to conclude an independent contract with the arbitrators, and removing ambiguity that the contract must be deposited with a specific authority.

07/12/2021 - 05/01/2022
CS@mc.gov.sa
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Amendment to the Executive Regulations of the Arbitration System
Organiser
Trade, Economy, and Investment Sector - Ministry of Commerce
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Last Modified Date: 09/12/2021 - 11:44 AM Saudi Arabia Time

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