Article 13 of the Saudi Accredited Valuers Law
المادة 13 من نظام المقيمين المعتمدين
This article prohibits an accredited valuer from combining practice of the profession with work that conflicts with the conduct and ethics of the profession, as the Implementing Regulations determine.
Official text after amendments (Arabic)
Compiled from the original text and every officially published amendment; the amendments are shown in full below for comparison.
لا يجوز للمقيّم المعتمد الجمع بين مزاولة المهنة ومزاولة الأعمال التي تتعارض مع سلوك المهنة وآدابها، وفقاً لما تحدده اللائحة التنفيذية.
This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers
Article 13 explained in plain English
This article places a restriction on the other work an accredited valuer carries out.
The rule: an accredited valuer may not combine practicing the valuation profession with work that conflicts with the conduct and ethics of the profession.
Who determines this work? The Implementing Regulations. The article does not itself list the prohibited work, but refers its determination to the Regulations. A particular activity can therefore be said to be prohibited only by consulting what the Regulations determine.
The purpose: valuation depends on impartiality and independence, because under Article 1 it is the process of determining the fair value of real estate, establishments, or equipment and property for a specific purpose. Carrying out work that conflicts with the conduct and ethics of the profession may undermine this impartiality.
Amendment: the current text was introduced by Royal Decree No. (M/109) dated 22/8/1441 AH.
Relationship to other articles:
- Article 12 requires the valuer to put their name, license number and license date on all their reports and printed materials, and to provide the Authority with data on their activity.
- Article 14 requires an individual valuer to sign the valuation reports they issue personally, and does not allow another person to be delegated to sign.
Anyone who carries out work alongside valuation and wants to confirm that combining them is permitted should consult the Implementing Regulations, and can consult a lawyer who specializes in commercial cases.
Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.
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Frequently asked questions about Article 13 of the Saudi Accredited Valuers Law
May an accredited valuer carry out other work?
They may not combine practicing the profession with work that conflicts with the conduct and ethics of the profession, as the Implementing Regulations determine.
What work conflicts with the valuation profession?
The Implementing Regulations determine it; the law itself does not list it.
Amendment history
Royal Decree No. M/109 — 22/8/1441 AH
Official amendment text (Arabic)
عُدلت هذه المادة بموجب المرسوم الملكي رقم (م/109) وتاريخ 1441/8/22هــ، لتكون بالنص الآتي: "لا يجوز للمقيّم المعتمد الجمع بين مزاولة المهنة ومزاولة الأعمال التي تتعارض مع سلوك المهنة وآدابها، وفقاً لما تحدده اللائحة التنفيذية".
Original text before the amendments (Arabic)
على المقيّم المعتمد أن يتفرغ لمزاولة أعمال المهنة ، ومع ذلك يجوز له الجمع بين المهنة ومزاولة الأعمال التي لا تتعارض مع سلوك المهنة وآدابها، وذلك وفقاً لما تحدده اللائحة التنفيذية .
More articles on Duties of the Accredited Valuer
- Article 11
This article allows an individual accredited valuer to name their office provided the name includes their personal name, and requires them to display their license in a prominent place in the office.
للمقيّم المعتمد - إذا كان شخصاً ذا صفة طبيعية - أن يضع اسماً لمكتبه، بشرط أن يكون مقروناً باسمه الشخصي . وعليه أن يضع الترخيص الممنوح له في مكان بارز من المكتب
- Article 12
This article requires the accredited valuer to put their name, license number and license date on all their printed materials, correspondence, reports and statements, and to provide the Authority with the necessary data on their activity as the Regulations provide.
على المقيّم المعتمد أن يضع اسمه ورقم ترخيصه، وتاريخه على جميع مطبوعاته ومراسلاته، وجميع ما يصدر عنه من تقارير وبيانات . وعليه أيضاً أن يزود الهيئة بالبيانات الل
- Article 14
This article requires an individual accredited valuer to sign their reports personally, and requires the report of a firm to be signed by the partner who took part in the valuation or actually supervised it, and prohibits delegating the signature.
يجب أن يوقع المقيّم المعتمد نفسه تقارير التقييم التي يصدرها إذا كان المقيّم شخصاً ذا صفة طبيعية ، أما إن كان ذا صفة اعتبارية فيجب أن يوقع الشريك الذي شارك في ال
- Article 15
This article requires the accredited valuer to comply with the conduct and ethics of the profession, valuation standards, the Authority's technical standards and legal duties, and to give the Ministry and the Authority any information they request to verify their performance.
يجب على المقيّم المعتمد التقيد بسلوك المهنة وآدابها، ومعايير التقييم، والمعايير الفنية التي تصدرها الهيئة، والواجبات المحددة بموجب الأنظمة واللوائح التي تحكم عم
- Article 16
This article requires the core member of the Saudi Authority for Accredited Valuers to attend professional education programs as the Authority determines.
يلتزم العضو الأساسي بحضور برامج التعليم المهني وفق ما تحدده الهيئة .
The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.