Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 265/2023 Issuing the Regulation Governing the Practice of the Activity of Consumer Cooperative

Arabic

Based on the Commercial Companies Law promulgated by Royal Decree 18/2019,

the System of the Administrative Apparatus of the State promulgated by Royal Decree 75/2020,

and Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply to the governance of the practice of the activity of consumer cooperative.

Article II

This decision shall be published in the Official Gazette, and comes into force after 90 (ninety) days from the date of its publication.

Issued on: 14 Ramadan 1444
Corresponding to: 5 April 2023

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1488 issued on 9 April 2023.