We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State issued by Royal Decree 101/96,
the Law Governing the Administrative Apparatus of the State issued by Royal Decree 26/75 and its amendments,
the Social Residences Law issued by Royal Decree 35/77 and its amendments,
Royal Decree 51/77 Establishing Oman Housing Bank,
and Royal Decree 10/2000 Making a Ministerial Amendment,
and in pursuance of public interest,
have decreed as follows
Article I
Without prejudice to the provisions of the mentioned Royal Decree 51/77, the Ministry of Transport and Housing must continue to grant housing loans and assistance to those with low income without interest, within the limits of the financial appropriations allocated for this purpose.
Article II
The Minister of Transport and Housing shall issue the necessary regulations to implement the provisions of this decree in accordance with the controls, rules, and conditions stipulated in the mentioned Social Residences Law, including the controls for determining the priority of housing loans and assistance to those with low income.
Article III
This decree must be published in the Official Gazette, and comes into force from 1 January 2000.
Issued on: 27 Dhu Al-Hijja 1420
Corresponding to: 2 April 2000
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 669 issued on 15 April 2000.