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 32/91 Increasing the Capital of the Central Bank of Oman,
and in pursuance of public interest,
have decreed as follows
Article I
The capital of the Central Bank of Oman is hereby increased from one hundred and seventy-five million Rial Omani to two hundred million Rial Omani, as of 31 March 1995.
Article II
The Central Bank of Oman shall transfer the increase stipulated in article I of this decree from the general reserve account of the bank.
Article III
This decree must be published in the Official Gazette.
Issued on: 24 Shawwal 1415
Corresponding to: 26 March 1995
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 548 issued on 1 April 1995.