Small and Medium Enterprises Development Authority: Decision 262/2022 Issuing the Governance Regulation for Subsidising Craft Industries

Arabic

Based on Royal Decree 107/2020 Establishing the Small and Medium Enterprises Development Authority, Determining Its Competences, and Adopting Its Organisational Structure,

and the approval of the Board of Directors of the Small and Medium Enterprises Development Authority,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached governance regulation shall apply in regard to subsidising craft industries.

Article II

All that is contrary to this decision, or in conflict with its provisions, is hereby repealed.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 21 Sha’ban 1443
Corresponding to: 24 March 2022

Qais bin Mohammed bin Moosa Al-Yousuf
Minister of Commerce, Industry, and Investment Promotion
Chairman of the Board of Directors of the Small and Medium Enterprises Development Authority

Published in Official Gazette 1435 issued on 27 March 2022.