Article 27 of the Saudi Financial Control Law

This article regulates the implementing tools of the Financial Control Law, and contains two provisions:

First: the Implementing Regulations

• Who issues them? The Minister, who is the Minister of Finance.
• When? Within 120 days of the date the Law is published in the Official Gazette.
• When do they take effect? From the date the Law takes effect.

The consistency is clear when it is read with Article 29, which provides that the Law takes effect after 120 days from its publication. The two periods are identical, which prepares for the Implementing Regulations to be ready when the Law starts to apply, so that both start to operate together.

Second: other tools

The Minister may issue the executive decisions, instructions, guides and forms needed to apply the Law. The wording is permissive ("the Minister may"), so this is a power used as needed.

The Implementing Regulations are of great importance in this Law, because many of its articles refer to them, including:

• The criteria for determining the financial control method (Article 6).
• The provisions for carrying out report-based control (Article 13).
• The conditions of appointment to financial control (Article 17).
• The financial controller's duties and conduct (Article 19).
• The rules for the incentive reward (Article 21).

Anyone dealing with the Law therefore needs more than its text: they need to refer to the Implementing Regulations and the decisions, instructions and guides issued. Anyone who needs to understand what these tools impose on their entity can consult a lawyer specialized in administrative cases.