Article 9 of the Saudi Accredited Valuers Law
المادة 9 من نظام المقيمين المعتمدين
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.
Official text (Arabic)
This article has not been amended since the law was issued.
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 للشروط الواردة في هذا النظام .
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 9 explained in plain English
This article opens the door for professionals from other professional bodies to obtain a license to practice the valuation profession.
What the article says:
- The Authority may consider applications submitted by other professionals who are members of other professional bodies.
- The consideration is carried out as the Implementing Regulations determine.
- The license is subject to the conditions in this law.
Nature of the rule: the phrase “the Authority may consider” means that this is permissible for the Authority; the article gives it the power to consider these applications.
An important limit: a professional's membership in another body does not exempt them from the conditions of the law, because the text makes consideration of their application “in accordance with the conditions in this law”. The article does not name the professional bodies meant, and does not set the procedures for consideration, but refers them to the Regulations.
Relationship to other articles: Article 8 provides that the Authority issues the license after registration in the register, in the branch named in the registration application, and the Regulations set its procedures, fee, term and renewal conditions. Article 10 then sets out the first duties of an accredited valuer, which include actually practicing the profession in the branch for which they are licensed and notifying the Ministry in writing of the address of their office.
The practical meaning is that a professional who is a member of another body may apply, but acceptance depends on meeting the conditions of the law and what the Regulations set. Anyone who wishes to do so can consult a lawyer who specializes in commercial cases.
Practical example
A civil engineer in Riyadh who is a member of a professional engineering body wants a license in real estate valuation. Under the article, the Authority may consider her application as the Implementing Regulations determine, provided she meets the conditions in the Accredited Valuers Law.
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 9 of the Saudi Accredited Valuers Law
Can a member of another professional body get a valuation license?
The Authority may consider applications from professionals who are members of other professional bodies as the Implementing Regulations determine, and according to the conditions of the law.
Are these professionals exempt from the law's conditions?
No. Their applications are considered in accordance with the conditions in this law.
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 6
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.
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
- 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
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.