Article 19 - Exceptions

A. Notwithstanding any provision to the contrary, the following Persons are not required to maintain the documentation described in Article 16 and Article 17
1. Natural persons; and
2. Small Enterprises.

B. Notwithstanding the provisions of the preceding paragraph, the Authority may, at its discretion, direct any Person to prepare and maintain documentation related to Controlled Transactions and to request such Person to provide such documentation within thirty (30) days from the date of receiving the written request from the Authority in any of the following cases:
1. Where Controlled Transactions are performed with Persons deemed to be residents of, or established in a special economic zones situated in the Kingdom;
2. Where Controlled Transactions are carried out with Persons who are legally granted any exemption or relief from tax or zakat obligations, or both, in the Kingdom;
3. Where the Authority has reason to believe that any of circumstances covered under Article 63 (1) of the Law exists;
4. Where the Person has submitted a request for a corresponding adjustment in accordance with Chapter 10 of the Bylaws; or
5. Where the provision of the requested document(s) is necessary for the authority to obtain for purposes of fulfilling of the obligations of the Kingdom under an International Agreement to which the Kingdom is a party.