Article 12 of the Saudi Competition Law

المادة 12 من نظام المنافسة

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

Explanation (Arabic)

The plain-language explanation of this article is currently available in Arabic only. An English translation is on the way.

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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.