Regulatory Arrangements for the General Corporation for the Preservation of Coral Reefs and Turtles in the Red Sea

First

The words and phrases mentioned below - wherever they appear in these arrangements - shall have the meanings specified next to each of them, unless the context requires otherwise:

Institution: The Public Institution for the Conservation of Coral Reefs and Turtles in the Red Sea.

Arrangements: The organizational arrangements of the institution.

Minister: The Minister of Environment, Water, and Agriculture.

Ministry: The Ministry of Environment, Water, and Agriculture.

Council: The Board of Directors of the institution.

President: The President of the Council.

Chief Executive Officer: The Chief Executive Officer of the institution.

Secondly

1- The institution is organizationally linked to the Minister, has legal personality, enjoys financial and administrative independence, and has its main headquarters in the Governorate of Jeddah. Branches may be established within the Kingdom as needed.

2- The geographical scope of the institution's work encompasses the Red Sea coast and the territorial waters of the Red Sea belonging to the Kingdom.

Thirdly

The institution aims to contribute to the preservation and development of coral reefs and sea turtles in the Red Sea - taking into account the competencies of the relevant authorities - and the institution undertakes all necessary actions to achieve its objectives, including the following:

1- Integration and working towards achieving the targets of the national environmental strategy - related to its activities and objectives - in coordination with the relevant authorities.

2- Coordinating with the National Center for Wildlife Protection to align in achieving the objectives of the approved related strategies.

3- Promoting the culture of marine wildlife in the Red Sea and the culture of preserving its natural components.

4- Developing plans, programs, initiatives, and projects related to its field of work.

5- Approving the implementation plan for initiatives, programs, and projects related to its activities, in coordination with the relevant authorities.

6- Supervising the implementation of initiatives, programs, and projects aimed at preserving coral reefs and sea turtles in the Red Sea and encouraging the private sector to implement them, monitoring their progress, and providing the necessary support to ensure the fulfillment of the specified obligations.

7- Encouraging both the public and private sectors to adopt innovative and creative initiatives that achieve its objectives.

8- Conducting surveys, public opinion polls, and field visits regarding topics related to its objectives.

9- Utilizing distinguished personnel and capabilities in its fields of work.

10- Seeking assistance from research centers, consulting firms, and consultants at both local and global levels in its fields of work.

Fourthly

The institution shall have a Board of Directors chaired by the Minister, with the membership of:

1- A representative from the Ministry of Environment, Water, and Agriculture.

2- A representative from the Saudi Red Sea Authority.

3- A representative from the General Directorate of Border Guard.

4- A representative from King Abdullah University of Science and Technology.

5- A representative from NEOM Company.

6- A representative from AMAALA Company.

7- A representative from the Red Sea Company.

Fifthly

The Council is responsible for overseeing the institution and monitoring the implementation of its activities, ensuring the achievement of its objectives in light of these arrangements, particularly the following:

1- Approving the plans, programs, initiatives, projects, standards, and regulations for the institution. 2- Approving the initiatives, programs, projects, and their implementation plans.

3- Approving the organizational structure of the institution.

4- Approving the administrative and financial regulations that govern the institution, along with other internal and technical regulations necessary for its operations, provided that the approval of the administrative regulations is in agreement with the Ministry of Human Resources and Social Development, and that the approval of the financial regulations and provisions with financial implications in the administrative regulations is in agreement with the Ministry of Finance.

5- Approving the opening of branches affiliated with the institution as needed.

6- Reviewing the periodic reports submitted by the Chief Executive Officer regarding the progress of work and approving them.

7- Appointing an external auditor (or more) and an internal financial controller.

8- Approving the draft budget of the institution, and ratifying the final accounts, the auditor's report, and the annual report, in preparation for submitting them in accordance with the applicable legal procedures.

9- Accepting donations, gifts, grants, bequests, endowments, and assistance, in accordance with the regulations governing that.

For the purpose of achieving these competencies, the Council may form permanent or temporary committees from among its members or others to delegate tasks it deems necessary, specifying in the decision to form each committee its chairperson, members, and competencies, and it may seek assistance from whomever it deems appropriate to perform the assigned tasks. The Council may also delegate any of its members or staff of the institution with some of its powers.

Sixthly

1- The Council meets periodically under the presidency of the President or his representative from the governmental entities in the Council (at least four) times a year, and whenever necessary as determined by the President. The invitation to the meeting is issued by the President or his representative, and the validity of the meeting requires the presence of at least the majority of the members, including the President or his representative. Decisions are made by a majority of the votes of the attending members, and in the event of a tie, the side that the President of the meeting voted for prevails.

2- The deliberations and decisions of the Council are recorded in minutes signed by the President of the meeting and the attending members.

3- The Council may invite individuals to attend its sessions whose information and expertise it deems beneficial, without granting them the right to vote.

4- A member may not abstain from voting nor delegate another member to vote in their absence. A member who objects to any decision may record their objection with justification in the minutes.

5- The meetings of the Council are held at the Ministry, and they may be held elsewhere within the Kingdom when necessary.

6- The Council may, when necessary and in urgent cases, and as determined by the President, issue a decision by circulation, provided that all members of the Council agree to the decision. This decision shall be presented to the Council at the first subsequent meeting to be recorded in the minutes of the meeting.

7- The Council may, when necessary and in urgent cases, and as determined by the President, hold meetings and vote on decisions remotely using technological means.

8- The Council establishes the rules and procedures governing the holding of its meetings remotely, including the procedures for inviting to meetings and how they are conducted.

Seventhly

Eighth

  • 1- The financial resources of the institution consist of the following:

    • A- What is allocated to it in the state’s general Budget.

    • B- What the Council accepts in terms of donations, gifts, grants, bequests, and endowments.

    • C- Any other financial resource approved by the Council, provided it does not violate the regulations and instructions.

  • 2- The funds of the institution are deposited in a current account of the Ministry of Finance at the Saudi Central Bank. It may open other accounts at any of the banks licensed to operate in the Kingdom, and withdrawals from these accounts are made according to the institution's Budget and its financial and administrative regulations.

Ninth

1- The institution shall have an independent annual budget.

2- The financial year of the institution is the same as the financial year of the state; however, the first financial year shall commence from the date of approval of the arrangements and shall end at the conclusion of the following financial year of the state.

Tenth

Without prejudice to the competencies of the General Court of Audit, the Board of Directors shall appoint an external auditor (or more) from those licensed to operate in the Kingdom; to audit the accounts of the institution, its transactions, its annual budget, and its final account. The Council shall determine the auditor's fees and the auditor shall submit a report to the Board of Directors, providing the General Court of Audit with a copy of it.

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