Royal Decree 2/98 regarding the Real Estate Register System,
Royal Decree 47/98 Promulgating the Financial Law,
Royal Decree 16/95 Promulgating the Foreigners Residency Law,
and the letter of the Secretariat General of the Council of Ministers SGCM/102/183 dated 22 Muharram 1428 corresponding to 10 February 2007,
and in pursuance of public interest,
it is hereby decided
Article I
The provisions of the attached regulation regarding the System of the Ownership of Real Estate in Integrated Tourism Complexes shall apply.
Article II
All that is contrary to the attached regulation is hereby repealed.
Article III
This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 7 Ramadan 1428
Corresponding to: 19 September 2007
Saif bin Mohammed bin Saif Al-Shabibi
Minister of Housing
Published in Official Gazette 848 issued on 1 October 2007.
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