Article 15 of the Saudi Alimony Fund Statute

This article regulates oversight of the Alimony Fund's accounts.

1. The external auditor:

• The Board appoints an external auditor, or more than one.
• The auditor must be licensed to work in the Kingdom.
• The Board sets the auditor's fees.

2. Scope of the audit: the auditor audits the Fund's accounts, transactions, data, annual budget and final account.

3. The report: the auditor's report is submitted to the Board, and the General Auditing Bureau is given a copy of it.

4. The General Auditing Bureau: the article begins with the phrase "without prejudice to the jurisdiction of the General Auditing Bureau", meaning that appointing an external auditor does not cancel or replace the Bureau's oversight; the two forms of oversight exist together.

This dual oversight, external and governmental, aims to verify that the Fund's money is handled soundly. The article does not specify the auditor's term of appointment or the method of selection.

This article connects to Article 14, which makes the Fund's fiscal year the State's fiscal year, and to Article 16, which requires the Board to issue the Regulations within 90 days of the issuance of the Statute.