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,
and Royal Decree 64/83 Establishing the Omani Banking Institute,
and in pursuance of public interest,
have decreed as follows
Article I
The text of article IV of the mentioned Royal Decree 64/83 is hereby replaced with the following text:
The board of directors of the banking institute is hereby formed as follows:
| – Two representatives of the Central Bank of Oman appointed by the Executive President of the Central Bank. | One of whom is the chairman of the board and the other the deputy chairman |
| – A representative of the Ministry of Education appointed by the minister. | Member |
| – A representative of the Vocational Training Authority appointed by the president of the authority. | Member |
| – Four representatives of banks appointed by licensed banks. | Members |
| – The director of the institute or his deputy. | Member and secretary |
Article II
All relevant entities shall implement the provisions of this decree, each within its mandates.
Article III
This decree must be published in the Official Gazette, and comes into force from the date of its publication.
Issued on: 15 Dhu Al-Hijja 1412
Corresponding to: 16 June 1992
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 482 issued on 4 July 1992.