Ministry of Housing: Ministerial Decision 98/2009 Amending the Executive Regulation of the System of the Ownership of Real Estate in Integrated Tourism Complexes Issued by Ministerial Decision 191/2007

Arabic

Based on Royal Decree 12/2006 regarding the System of the Ownership of Real Estate in Integrated Tourism Complexes,

and Ministerial Decision 191/2007 Issuing the Executive Regulation of the System of the Ownership of Real Estate in Integrated Tourism Complexes,

and after coordination with the Ministry of Tourism,

and in pursuance of public interest,

it is hereby decided

Article I

A new clause is hereby added to the conditions for licensing the establishment of an integrated tourism complex provided in article 5 of the aforementioned executive regulation with the following text:

(i) The number of residential real estate units in the complex must not exceed the number of hotel units.

Article II

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 24 Sha’ban 1420
Corresponding to: 16 August 2009

Saif bin Mohammed bin Saif Al-Shabibi
Minister of Housing

Published in Official Gazette 894 issued on 1 September 2009.