Article 21 of the Saudi Precious Metals and Gemstones Law

This article specifies the body that issues the regulations and decisions needed to implement the Law. The Law refers to the regulations on many matters, such as the licensing controls and fees, how the competent employees work, and the working rules of the committee.

• The body with the power: the Minister of Commerce.
• The requirement of agreement: the issuing is in agreement with the Minister of Industry and Mineral Resources, so the Minister of Commerce does not act alone.
• Their scope: the regulations and decisions needed to implement the provisions of the Law.

The requirement of agreement reflects that supervision of the sector is divided between two ministries, one for commerce and the other for industry.

The article in its present text was issued by Royal Decree No. M/87 dated 3/4/1446 AH, and the amendment takes effect from 8/4/1447 AH.

Before it is Article 20, whose fourth paragraph provides that the regulations set the working rules, procedures and remuneration of the committee that hears violations, and these are among the regulations issued under this article. After it is Article 22, which repeals the Goldsmiths Law issued by Royal Order No. 8117 dated 28/6/1360 AH and everything that conflicts with the Law's provisions, and provides that the Law takes effect 90 days after its Implementing Regulations are published in the Official Gazette.