Article 6 of the Saudi Minors' Property Guardianship Law
المادة 6 من نظام الولاية على أموال القاصرين
The article governs filling a board member's seat if it becomes vacant for any reason, and lets the board chair treat a member as resigned if he misses three consecutive sessions without an acceptable excuse.
Official text after amendments (Arabic)
Compiled from the original text and every officially published amendment; the amendments are shown in full below for comparison.
إذا خلا محل أحد أعضاء مجلس الإدارة لأي سبب، يقترح رئيس مجلس الإدارة من يحل محله، ويصدر بذلك قرار من مجلس الوزراء. ويجوز لرئيس مجلس الإدارة اعتبار العضو مستقيلاً إذا تغيب عن حضور ثلاث جلسات متتالية دون عذر مقبول.
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 6 explained in plain English
This is an organizational article concerning membership of the Authority's board of directors, and it addresses two cases:
First: a member's seat becomes vacant for any reason
- The chair of the board proposes who replaces the member.
- A decision of the Council of Ministers is issued on it.
The phrase "for any reason" means the provision covers every form of vacancy, such as resignation, death, or otherwise.
Second: a member's absence
- The chair of the board may treat the member as resigned if he misses three consecutive sessions.
- On condition that the absence is without an acceptable excuse; if the absence has an acceptable excuse, the provision does not apply.
- The provision is discretionary, meaning it is a power of the board chair and not an automatic result.
This article is linked to what Article 5 provides, that the board meets at least once every two months and that its meeting is valid only with two thirds of the members present, including the chair or his deputy; regular attendance is thus a condition for the board's work. The board also forms from among its members the permanent committees mentioned in Article 7, so vacant seats affect their work as well.
This is the operative text of the article after its amendment, as the record of amendments shows.
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 6 of the Saudi Minors' Property Guardianship Law
What happens if a board member's seat at the Authority becomes vacant?
The chair of the board proposes who replaces him, and a decision of the Council of Ministers is issued on it.
When is a board member treated as resigned?
The chair of the board may treat him as resigned if he misses three consecutive sessions without an acceptable excuse.
Amendment history
Amendment
Official amendment text (Arabic)
المادة السادسة عُدلت هذه المادة لتكون بالنص الآتي:
"إذا خلا محل أحد أعضاء مجلس الإدارة لأي سبب، يقترح رئيس مجلس الإدارة من يحل محله، ويصدر بذلك قرار من مجلس الوزراء. ويجوز لرئيس مجلس الإدارة اعتبار العضو مستقيلاً إذا تغيب عن حضور ثلاث جلسات متتالية دون عذر مقبول.
Original text before the amendments (Arabic)
إذا خلا محل أحد أعضاء مجلس الإدارة لأي سبب يقترح وزير العدل من يحل محله ويصدر بذلك قرار من مجلس الوزراء .
ويجوز لوزير العدل اعتبار العضو مستقيلا إذا تغيب عن حضور ثلاث جلسات متتالية دون عذر مقبول.
More articles on Board of Directors and President of the Authority
- Article 4
The article makes the Authority's board of directors its supreme authority, and lists its competences over regulations, committees, investment, the budget, and allocating no more than 5% of net investment return.
مجلس إدارة الهيئة هو السلطة العليا التي تتولى شؤونها وإدارة أمورها ووضع السياسة العامة التي تسير عليها، وله بصفة خاصة الاختصاصات الآتية: 1 - اقتراح مشروعات الأن
- Article 7
The article requires the board of directors to form four permanent committees from among its members: the Sharia, Investment, Endowment Projects, and Audit Committees, and specifies each one's competence.
يكوّن المجلس من بين أعضائه اللجان الدائمة الآتية التي تمارس الاختصاصات المبينة أمامها : اللجنة الشرعية : لإبداء الرأي الشرعي في أعمال الهيئة. لجنة الاستثمار : ل
- Article 9
The article provides that the head of the Authority or his delegate represents it in its dealings with other bodies and before the courts.
يمثل الهيئة في صلتها بغيرها من الجهات وأمام القضاء رئيس الهيئة أو من ينيبه.
- Article 37
The article requires the Board of Directors to appoint one or more licensed auditors and set their fees, without prejudice to the General Auditing Bureau's oversight, and makes the auditors jointly liable where there are several.
مع عدم الإخلال بحق ديوان المراقبة العامة في الرقابة على حسابات الهيئة يعين مجلس الإدارة مراقبا أو أكثر للحسابات من المرخص لهم بالعمل في المملكة ويحدد أتعابهم. و
- Article 38
The article makes the Authority's fiscal year the State's fiscal year, with the exception that its first fiscal year begins on the date the Law takes effect.
السنة المالية للهيئة هي السنة المالية للدولة واستثناء من ذلك تبدأ السنة المالية الأولى من تاريخ نفاذ هذا النظام.
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.