Ministry of Housing and Urban Planning: Ministerial Decision 206/2022 Amending Some Provisions of the Regulation of the Values, Fees, and Prices Collected by the Ministry of Housing and Urban Planning

Arabic

Based on the System of Escrow Account for Real Estate Development Projects promulgated by Royal Decree 30/2018,

the Executive Regulation for the System of Escrow Account for Real Estate Development Projects issued by Ministerial Decision 72/2019,

the Regulation for the Values, Fees, and Prices Collected by the Ministry of Housing and Urban Planning issued by Ministerial Decision 92/2016,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

The text of clause 2 of annex 12 attached to the aforementioned Regulation for the Values, Fees, and Prices Collected by the Ministry of Housing and Urban Planning is hereby replaced with the following text:

Article II

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

Issued on: 30 Rabi Al-Awwal 1444
Corresponding to: 26 October 2022

Dr Khalfan bin Said bin Mubarak Al-Shuaili
Minister of Housing and Urban Planning

Published in Official Gazette 1465 issued on 30 October 2022.