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Article 12 of the Saudi Competition Law

المادة 12 من نظام المنافسة

The article bars the Authority and its Board members from carrying on commercial business, except members chosen in their personal capacity, bars its staff from conflicting professions, and bars accepting gifts and donations except from government bodies.

Official text (Arabic)

This article has not been amended since the law was issued.

1- يحظر على الهيئة أو أعضاء المجلس ممارسة الأعمال التجارية، ما عدا الأعضاء الذين يُختارون لذواتهم، ويحظر على منسوبي الهيئة كذلك ممارسة أي مهنة تتعارض مع عمل الهيئة وأهدافها. ويعتمد المجلس قواعد الإفصاح والشفافية.

2- يمنع تقديم الهبات والتبرعات والأوقاف والوصايا والمنح والمساعدات للهيئة، باستثناء ما تقدمه لها الأجهزة الحكومية.

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 12 explained in plain English

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 12 of the Saudi Competition Law

May members of the competition authority's board engage in trade?

The Authority and the Board members are prohibited from carrying on commercial business, except the members who are chosen in their personal capacity.

Does the General Authority for Competition accept donations?

No. Gifts, donations, endowments, bequests, grants and aid to the Authority are prohibited, except what government bodies provide to it.

More articles on General Authority for Competition

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.