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Royal Decree

Royal Decree 45/74 Regarding the Authorisation of the Right to Execute Domestic and Foreign Financial Transactions

1974/45 45/1974 74/45 45/74

Arabic

We, Qaboos bin Said, the Sultan of Oman

In pursuance of public interest, and after Our approval of what was presented by the Deputy Head of the Financial Affairs Council,

hereby decide as follows

Article 1

We hereby authorise the following to sign foreign financial transactions:

(a) The Deputy Head of the Financial Affairs Council.

(b) The Economic Advisor.

Article 2

We hereby authorise the following to sign domestic financial transactions:

(a) The Deputy Head of the Financial Affairs Council.

(b) The Assistant Undersecretary of the Directorate of Finance.

Article 3

All previous decrees or decisions that are in conflict with this decree are hereby repealed.

Article 4

All ministries and government departments shall implement this decree, and it comes into force on its date.

Article 5

This decree must be published in the Official Gazette.

Issued on: 17 Dhu Al-Qa’dah 1394
Corresponding to: 2 December 1974

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 69 issued on 15 December 1974.