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Royal Decree

Royal Decree 20/2002 Ratifying the Investment Agreement Signed between the Government of the Sultanate of Oman and Gisco and Its Amending Agreements

2002/20 20/2002

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

Royal Decree 48/76 Regarding the Signing of Foreign and Domestic Financial Transactions and its amendments,

and the Corporate Income Tax Law issued by Royal Decree 47/81 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

The following agreements are hereby ratified:

1. The investment agreement signed on 23 October 1996 between the Government of the Sultanate and Gas Investments and Services Company Limited (Gisco).

2. The amendment agreement signed on 15 September 1999 between the Government of the Sultanate and Gas Investments and Services Company Limited (Gisco).

3. The supplementary agreement signed on 26 September 2001 between the Government of the Sultanate and Gas Investments and Services Company Limited (Gisco).

Article II

This decree must be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 18 Dhu Al-Hijja 1422
Corresponding to: 2 March 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 715 issued on 17 March 2002.