Section 1: Definitions

The following terms and phrases, wherever mentioned in this Manual, shall have the meanings assigned thereto, unless the context requires otherwise:

KingdomThe Kingdom of Saudi Arabia.

GovernmentThe government of the Kingdom of Saudi Arabia.

CEDACouncil of Economic and Development Affairs.

NCPNational Center for Privatization.

ManualThe Manual for privatization projects issued by the decision of the Board of Directors of NCP No. (2/5/2018) dated 03/08/1439H corresponding 19/04/2018G.

Supervisory CommitteeSupervisory Committees formed by the Council of Ministers Resolution No. 665 dated 8/11/1438H.

RulesThe Rules Governing the Work of the Supervisory Committees, their Teams and advisors issued by the decision of the Board of Directors of NCP No. (3/5/2018) dated 03/08/1439H corresponding 19/04/2018G.

Rules of Conduct of Supervisory CommitteesRules of conduct of the Supervisory Committees for the sectors targeted for Privatization and tasks issued by the Council of Ministers Resolution No. 665 dated 8/11/1438H.

PrivatizationA term used to refer to SOA and PPP collectively, as defined in the Privatization Strategy for the Kingdom of Saudi Arabia promulgated by the Supreme Economic Council (Dissolved) Decision No. 1/23 dated 23/3/1423 AH corresponded to 4/6/2002.

Work TeamA body formed in accordance with the Rules and functions of the Supervisory Committees and the Rules, and which includes the Preparatory Team, the Program Work Team, and the Project Work Team, and is intended in applying the provisions of this Manual the Program Work Team or the Project Work Team, as the case may be, according to the Rules.

RegistryThe central database managed by NCP which serves as the formal data repository for the Kingdom's Privatization Projects, and all related work and decisions of the Supervisory Committees.

DayA working day in the Kingdom according to the official working days of NCP.

PersonA natural and/or legal person.

EntityAny Government body including:

1.  Governmental agencies and entities which regulations provide them with independent legal personality.

2.  ministries and other governmental agencies.

3.  government-owned company.