State Revenue Law

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

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Field	Value
Sector	Oil and Gas
Country	Saudi Arabia
Year	2010
RGI Edition Year	2017
Topic	Commodity prices, Contract transparency and monitoring, Legislation and regulation, Open data, Revenue management, Revenue sharing, Sovereign wealth funds, State-owned enterprises, Subnational governance, Tax policy and revenue collection
Document Type	Statute
RGI Sub-component	Sovereign wealth funds
RGI Questions	1.2.6a: Is the government required to make all payments to the national treasury or deposit them into a national resource account, aside from amounts legally retained by SOEs?, 1.4.1a: Are there rules governing fiscal transfers between the government and the SOE?, 1.4.7a: Are there rules that govern how the SOE should select the buyers of its production?, 1.4.7b: Are there rules that determine the prices at which the SOE should sell its production?, 1.4.7c: Are there rules that govern how the proceeds from the sale of the SOE's production should be transferred to the government?, 1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?, 2.1.2a: Does the country have a numerical fiscal rule?, 2.1.3a: Over the most recently completed fiscal year, did the government adhere to the numerical fiscal rule?, 2.1.2b: Do rules require that an external body periodically monitor the government's adherence to the numerical fiscal rule?, 2.1.3b: Was the government's adherence to the fiscal rule externally monitored over the most recently completed audit timeframe?, 2.2b: Are there specific rules governing the transfer of extractive resource revenues (i.e. are these rules distinct from those governing other types of transfers)?, 2.3.1b: Do rules require that withdrawals and spending from the sovereign wealth fund pass through the national budget?, 2.3.1c: Are there numeric rules governing the size of deposits into the sovereign wealth fund?, 2.3.2d: From 2015 onwards, has the government adhered to the numeric rules governing the size of deposits into the sovereign wealth fund?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law and Practice (Both)
Publisher	Bureau of Experts at the Council of Ministers
Author
Source or API link	https://www.boe.gov.sa/ViewSystemDetails.aspx?lang=&SystemID=274&VersionID=254&languageid=2
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute