Implementing Regulation of the Real Estate Development Fund Law

Release Date:	1442-09-08
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	2
Validity:	Valid
Date of last amendment:	1447-03-03
Summary:	By AI The text addresses the organization of the Real Estate Development Fund, clarifying the procedures and decisions related to the Board of Directors and the mechanism for requesting approval of decisions. It includes basic definitions such as supported and direct real estate loans, and specifies the operational mechanisms of the fund, including the establishment of an electronic portal for service provision. The text highlights the importance of privacy and security, with the possibility of imposi...

Release Date:

1442-09-08

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

2

Validity:

Valid

Date of last amendment:

1447-03-03

Summary:

By AI

The text addresses the organization of the Real Estate Development Fund, clarifying the procedures and decisions related to the Board of Directors and the mechanism for requesting approval of decisions. It includes basic definitions such as supported and direct real estate loans, and specifies the operational mechanisms of the fund, including the establishment of an electronic portal for service provision. The text highlights the importance of privacy and security, with the possibility of imposi...