The Council of Ministers
After reviewing the correspondence received from the Royal Court No. 43111 dated 1445/6/10 AH, including the telegram of His Excellency the Minister of Environment, Water and Agriculture, Chairman of the Board of Directors of the General Authority for Food Security No. 1053323 dated 1445/6/6 AH, regarding the draft statute of the General Authority for Food Security.
After reviewing the aforementioned draft statute.
After reviewing Royal Order No. (55685) dated 1438/11/30 AH.
After reviewingthe organizational arrangements of the General Authority for Food Security, issued by Council of Ministers Decision No. (440) dated 1444/6/24 AH.
After reviewing memoranda No. (3568) dated 1445/10/13 AH, No. (3822) dated 1445/11/6 AH, No. (1161) dated 1446/4/5 AH, No. (2085) dated 1446/6/11 AH, and No. (2506) dated 1446/7/12 AH, prepared by the Bureau of Experts at the Council of Ministers.
After reviewing the recommendation of the Council of Economic and Development Affairs No. (1-46/9/T) dated 1446/8/14 AH.
After reviewing the telegram of the Secretariat of the Council of Political and Security Affairs No. 16896 dated 1446/11/22 AH.
After reviewing the recommendation of the General Committee of the Council of Ministers No. (11506) dated 1446/11/28 AH.
It is decided as follows:
First: Approval of the statute of the General Authority for Food Security, in the attached form.
Second: The statute - referred to in item (First) of this decision - shall replacethe organizational arrangements of the General Authority for Food Security, issued by Council of Ministers Decision No. (440) dated 1444/6/24 AH.
Third: The exercise of the Board of Directors’ authority - stipulated in paragraph (5) of Article (6) of the statute referred to in item (First) of this decision - shall be in agreement with the Ministry of Finance and the Non-Oil Revenues Development Center, until the issuance and implementation of governance for exercising the imposition of financial fees for services and works provided by entities authorized by law to impose such fees.
Fourth: His Excellency the Minister of Environment, Water and Agriculture, Chairman of the Board of Directors of the General Authority for Food Security, and His Excellency the Minister of Finance shall agree on all matters related to the investment of the Authority’s funds and the appropriate mechanisms enabling it to benefit from its revenues in a manner that ensures its financial sustainability, without prejudice to the provisions of Royal Order No. (55685) dated 1438/11/30 AH.
Fifth: The current Board of Directors of the General Authority for Food Security, formed pursuant toArticle (5) of the organizational arrangements of the General Authority for Food Security, issued by Council of Ministers Decision No. (440) dated 1444/6/24 AH, shall continue to exercise the duties and authorities of the Board of Directors stipulated in Article (6) of the statute referred to in item (First) of this decision, until it is reconstituted pursuant to Article (5) of the aforementioned statute.
Sixth: The Governor of the General Authority for Food Security - as of the effective date of the statute referred to in item (First) of this decision - shall continue to receive his current employment benefits and shall carry out the tasks and competencies of the Chief Executive Officer of the General Authority for Food Security stipulated in Article (8) of the statute, until the Board of Directors appoints a Chief Executive Officer for the Authority, or until the completion of the period specified for the extension of his service issued by Royal Order No. (332/A) dated 1444/8/28 AH, whichever is earlier.
