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Royal Decree

Royal Decree 53/86 Increasing the Capital of Oman Oil Refinery Company

1986/53 53/1986 86/53 53/86

Arabic

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 Commercial Companies Law 4/74,

and Royal Decree 7/82 Establishing Oman Oil Refinery Company,

and in pursuance of public interest,

have decreed as follows

Article 1

The capital of Oman Oil Refinery Company is hereby increased from ten million Rial Omani to thirty million Rial Omani. The partners shall subscribe to the entire increase in the same proportions as stipulated in article 3 of the mentioned Royal Decree 7/82.

Article 2

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 2 Dhu Al-Qa’dah 1406
Corresponding to: 10 July 1986

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 339 issued on 15 July 1986.