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Cabinet Resolution Concerning the List of Administrative Penalties for Acts Committed in Violation of the Provisions of Federal Law Regulating Commercial Agencies

The last update on this law was listed on 25 Aug 2023

Issued Date

25 Aug 2023

Effective Date

31 Aug 2023

Official Gazette Date

30 Aug 2023

Official Gazette No

758

Legislation State

Active

Disclaimer: Every effort has been made to produce an accurate and complete English version of this website/ legislation. However, for the purpose of their interpretation and application, reference must be made to the original Arabic text. In case of conflict, the Arabic text will prevail

Article (1) Definitions

In applying the provisions of this Resolution, the following words and shall have the meanings assigned thereto, unless the context otherwise requires:
The Law: Federal Law No. (3) of 2022 Concerning Regulating the Commercial Agencies;
Ministry: Ministry of Economy.
Minister: Minister of Economy.
 

Article (2) Scope of Application

The provisions of this Resolution shall apply to commercial agencies registered with the Ministry.

Article (3) Administrative Penalties

1. Without prejudice to any harsher penalty or measure prescribed by the law, the Ministry may impose administrative penalties for acts committed in violation of the provisions of the law as listed in the table attached to this resolution.
2. Exceptionally, and in cases of severe violations, the Ministry may impose the harshest administrative penalty without following the prescribed progression mentioned in the table attached hereto.
3. The amount of administrative fines specified in the table attached hereto shall be collected according to the mechanism determined by the Ministry of Finance after coordination with the Minister.
4. For the purpose of collecting the administrative fine specified in the table attached hereto, a part of a day shall be considered a full day, and a part of a month shall be considered a full month.
 

Article (4) Appealing the Administrative Penalties

1. The Ministry shall notify the concerned parties of the administrative penalty within (15) fifteen days from the date of its issuance.
2. Every party with an interest shall have the right to appeal the administrative penalty to the Minister, within (30) thirty days from the date of being notified of the contested decision. The appeal shall be substantiated and accompanied by all supporting documents. The appeal shall be decided upon within (30) thirty days from the date of submission thereof, in accordance with the procedures followed by the Ministry. The expiration of this period without the issuance of a rejection decision shall be considered as a rejection of the appeal.
3. The resolution issued on the grievance shall be final.
4. An appeal against the decision to impose the administrative penalty shall not be accepted after the expiration of the period specified in clause (2) of this article.
 

Article (5) Fines Amendment

The Cabinet shall be the competent authority to make any amendment to the amounts of fines stipulated in the attached table hereto, whether through addition, deletion or amendment.

Article (6) Cancellations

Clause (1) of Article (3) of Cabinet Resolution No. (20) of 2020 regarding the fees for services provided by the Ministry of Economy shall hereby be annulled, as well as any provision that contradicts or conflicts with the provisions of this resolution.

Article (7) Publication and Entry into Force

This Resolution shall be published in the Official Gazette and shall enter into force as of the day following the date of its publication.

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