Article 6 of the Saudi Accredited Valuers Law
المادة 6 من نظام المقيمين المعتمدين
The article refers to the Implementing Regulations the specification of valuation work for which the Authority's Board sees a need for additional experience, and the period of suspension does not count toward that period.
Official text (Arabic)
This article has not been amended since the law was issued.
تحدد اللائحة التنفيذية أعمال التقييم التي يرى مجلس إدارة الهيئة ضرورة توافر مدة إضافية من الخبرة لمزاولتها ، ولا تدخل مدة الإيقاف المنصوص عليها في هذا النظام في حساب تلك المدة .
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 6 explained in plain English
This article supplements the experience condition in Article 5, by adding a special requirement for some kinds of work.
The first rule: work needing additional experience
- For some valuation work, the Board of Directors of the Authority may see a need for an additional period of experience to practice it.
- The Implementing Regulations specify this work.
The article does not list this work or the length of the additional experience, but refers them to the Regulations. This means that obtaining a license in a given branch may not alone be enough to practice all the work of that branch, if the work is among that which the Regulations specify.
The second rule: the period of suspension does not count
The period of suspension provided for in the Law is not included in calculating the additional experience period. If a valuer is suspended from practicing the profession, the period of the suspension is not counted as experience for them.
Relation to Article 5: Article 5 requires a person entered in the register to have practical valuation experience in the branch for which they seek a license, as the Implementing Regulations specify. This article, by contrast, concerns an additional period for certain work. Article 7 follows, regulating the valuers' registration committee that decides on registration applications.
A person who wants to know whether particular work needs additional experience should refer to the Implementing Regulations, and may 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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Dr. Ali Al-Rubaie Law Office and Ittihad Al-Asr Legal Company
Mohammed bin Saleh Al-Qarawi Law and Notary Office, Riyadh
Frequently asked questions about Article 6 of the Saudi Accredited Valuers Law
Does some valuation work need additional experience?
Yes. The Implementing Regulations specify the valuation work for which the Authority's Board sees a need for an additional period of experience.
Does the period of suspension count toward experience?
No. The period of suspension provided for in the Law is not included in calculating the additional experience period.
More articles on Licensing the Practice of Valuation
- Article 3
The article bars any natural or legal person from practicing the valuation profession in any branch unless licensed to practice it in the same branch.
لا يحق لأي شخص ذي صفة طبيعية أو اعتبارية مزاولة مهنة التقييم في أي فرع من فروع التقييم ما لم يكن مرخصاً له بمزاولة المهنة في الفرع نفسه.
- Article 4Amended by M/190
The article creates a register at the Authority for each branch of valuation in which individual valuers are entered, and requires valuers that are companies also to register in the professional companies register at the Ministry of Commerce.
ينشأ في الهيئة سجل لكل فرع من فروع التقييم يقيد فيه أسماء المقيّمين المعتمدين إذا كانوا أشخاصاً ذوي صفة طبيعية . أما إذا كانوا أشخاصاً ذوي صفة اعتبارية فيسجلون
- Article 5
The article requires a person entered in the valuers' register to be a Saudi of full legal capacity and good conduct, not sentenced for a hadd or a disreputable crime, experienced in the branch, and a basic member of the Authority.
يشترط فيمن يقيد اسمه في السجل أن يكون : 1 ـ سعودي الجنسية . 2 ـ كامل الأهلية . 3 ـ حسن السيرة والسلوك، وغير محكوم عليه بحد شرعي، أو في جريمة مخلة بالشرف أو الأم
- Article 7Amended by M/190
The article regulates the valuers' registration committee of three members including a legal adviser, requires it to give reasons for refusing an application, and lets a refused applicant file a grievance with the Board of Grievances.
أ ـ تشكل في الهيئة بقرار من المجلس لجنة تسمى (لجنة قيد المقيّمين)، من ثلاثة أعضاء يكون من بينهم مستشار قانوني، ومقيّم مزاول من كل فرع من فروع التقييم المختلفة.
- Article 8Amended by M/190
This article provides that the Authority issues the license to practice valuation in the branch named in the registration application after registration in the register, and refers the issuing procedures, fee, term and renewal conditions to the Regulations.
بعد القيد في السجل، تصدر الهيئة الترخيص بمزاولة مهنة التقييم في الفرع الوارد في طلب القيد، وتحدد اللائحة التنفيذية إجراءات إصداره، والمقابل المالي له، ومدته، وش
- Article 9
This article allows the Authority, in accordance with the Implementing Regulations, to consider applications from professionals who are members of other professional bodies for a license to practice valuation, under the conditions in the law.
للهيئة أن تنظر - وفقاً لما تحدده اللائحة التنفيذية- في الطلبات التي يقدمها مهنيون آخرون (أعضاء في هيئات مهنية أخرى) للحصول على ترخيص بمزاولة المهنة، وذلك وفقاً
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.