Article 56 - Right of the Authority to obtain information

1. All Persons must provide the Authority with any information requested by the Authority for the purposes of establishing whether that Person is complying fully with its Tax obligations.

2. In addition to the other rights provided for in this article, the Authority may access relevant information held by third parties directly from those parties including requiring direct access to records generally on an ongoing basis.

3.The third parties to which this article applies are limited to government entities, banks and other financial institutions regulated in the Kingdom by the Saudi Arabian Monetary Authority or the Capital Market Authority.

4.A failure of a third party to provide access to information requested by Authority under this article is a breach of the obligation to provide the Authority with information for which that third party may be subject to penalties under the Law.