We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State issued by Royal Decree 101/96,
and the Banking Law 7/74 and its amendments,
and in pursuance of public interest,
have decreed as follows
Article I
The Board of Governors of the Central Bank of Oman is hereby formed under Our chairmanship and the membership of the following:
1. Dr Ali bin Mohammed bin Moosa Minister of Health Deputy Chairman
2. Hamoud bin Sangour bin Hashim Al-Zadjali
3. Yahya bin Mohammed bin Naseeb
4. Sheikh Salim bin Hilal bin Ali Al-Khalili
5. Salim bin Abdullah bin Said Al-Rawas
6. A representative of the Ministry of Finance
The membership is for a period of five years from the date of entry into force of this decree.
Article II
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article III
This decree must be published in the Official Gazette, and comes into force from the date of its issuance.
Issued on: 5 Safar 1418
Corresponding to: 11 June 1997
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 601 issued on 15 June 1997.