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 71/93 Establishing a Fund to Support Sporting Activities
and in pursuance of public interest,
have decreed as follows
Article I
The text of article III of the mentioned Royal Decree 71/93 is hereby replaced with the following text:
Article III
The work of the fund must be managed by a board of directors formed under the chairmanship of the President of the Public Authority for Youth Sports and Cultural Activities, and the membership of:
– Undersecretary of Financial Affairs in the Ministry of Finance as Deputy Chairman.
– Vice President of The Public Authority for Youth Sports and Cultural Activities.
– A representative of the Ministry of Education with the grade of undersecretary of a ministry.
– Assistant Inspector General of Police and Customs for Operations.
Article II
Two new articles numbered VII and VIII are hereby added to the mentioned Royal Decree 71/93 with the following texts:
Article VII
A committee must be formed to invest the property of the fund by a decision by the chairman of the board of directors.
Article VIII
The fund and its operations must be exempt from all prescribed taxes and customs duties.
Article III
This decree must be published in the Official Gazette, and comes into force from the date of its publication.
Issued on: 7 Dhu Al-Qa’dah 1420
Corresponding to: 13 February 2000
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 665 issued on 15 February 2000.