Article 2 of the Saudi Endowments Authority Law

This article sets the legal nature of the General Authority of Endowments and its place in the government structure, and it contains the following elements:

• A public authority with independent legal personality: that is, it is a legal entity in its own right.
• Financial and administrative independence: it has its own financial liability and its own administrative organization.
• Linked to the Prime Minister: this is the organizational link the article provides for.
• Exercising its competencies under this law: its powers are what its law gives it, and no more.
• A head office in the city of Riyadh, and it may establish branches within the Kingdom as needed.

This article comes after Article 1, which defines "the Authority" as the General Authority of Endowments, and before Article 3, which sets out its objectives: to regulate endowments, preserve them, develop them and grow them in a way that fulfills their endowers' conditions and strengthens their role in economic and social development and social solidarity.

This provision matters to endowers, supervisors and beneficiaries because it identifies the body they deal with: one public body at the level of the Kingdom, with its own independent personality. Anyone who wants to know their rights in a particular dealing with the Authority would do best to consult a lawyer specializing in endowment cases.