1. If a share, bond or Sukuk certificate is lost or destroyed, the holder of the certificate in whose name the shares, bonds, or Sukuk are registered may request a new certificate in lieu of the lost or destroyed certificate. The owner shall publish the reference numbers of the lost or destroyed certificates and their quantity in two daily local newspapers, one of which is published in Arabic. 2. If no opposition is filed with the Company within 30 days after publication, the Company shall issue to the holder of the former certificate a new certificate stating that it is in lieu of the lost or destroyed certificate. The new certificate shall grant its holder all rights and impose on him all obligations as were associated with the lost or destroyed certificate.
Interpretation and application must be checked against the official text and current version.
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