Article 33 of the Saudi Enforcement Law

المادة 33 من نظام التنفيذ · الفصل الثامن: إيداع حصيلة التنفيذ وتوزيعها

The Saudi Enforcement Law is not in force yet; it applies from 28 October 2026.

Official text (Arabic)

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

1- تفتح الوزارة حسابات مصرفية وصناديق للأمانات لغرض التنفيذ، ويكون إيداع حصيلة التنفيذ وصرفها وإدارة الحسابات المصرفية وصناديق الأمانات وفق الضوابط والإجراءات التي تحددها اللائحة.

2- تبين اللائحة -بالتنسيق مع البنك المركزي السعودي- الأحكام والإجراءات المتعلقة بمشاركة البنوك -وما في حكمها- في إجراءات التنفيذ.

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.

Banking, Finance & Securities lawyers: ask a specialist about your case

Describe your situation briefly and we'll suggest a lawyer who specialises in this law

Banking, Finance & Securities lawyers

Lawyers who handle this kind of case

See all lawyers

More articles on Seizing Assets and Auctions

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.