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Royal Decree

Royal Decree 24/97 Amending Some Provisions of Royal Decree 31/96

1997/24 24/1997 97/24 24/97

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State issued by Royal Decree 101/96,

and Royal Decree 31/96 Regarding the Rules Governing the Investment of the Funds of the Public Authority for Social Insurance and the Pension and Retirement Funds,

and in pursuance of public interest,

have decreed as follows

Article I

The text of article 2(1) of the mentioned Royal Decree 31/96 is hereby replaced with the following text:

1. Shares and bonds issued by Omani public joint stock companies.

Article II

Article 4 of the mentioned Royal Decree 31/96 is hereby repealed.

Article III

This decree must be published in the Official Gazette, and comes into force from 15 May 1996.

Issued on: 14 Dhu Al-Hijja 1417
Corresponding to: 21 April 1997

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 598 issued on 3 May 1997.