We, Qaboos bin Said, the Sultan of Oman
after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,
the Banking Law 7/74 and its amendments,
and Royal Decree 42/81 Increasing the Capital of the Central Bank of Oman,
and in pursuance of public interest,
have decreed as follows
Article 1
The authorised capital of the Central Bank of Oman is hereby increased from fifty million to one hundred million Rial Omani, provided that the paid-up capital is set at one hundred million Rial Omani as of 31 December 1985.
Article 2
The Central Bank of Oman shall pay the increase stipulated in article 1 of this decree on 31 December 1985, from its general reserve.
Article 3
This decree must be published in the Official Gazette, and comes into force from the date of its issuance.
Issued on: 13 Ramadan 1406
Corresponding to: 21 May 1986
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 336 issued on 1 June 1986.