We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
the Banking Law promulgated by Royal Decree 114/2000,
Royal Decree 52/2006 Establishing the Information Technology Authority,
and the Electronic Transactions Law promulgated by Royal Decree 69/2008,
and in pursuance of public interest,
have decreed as follows
Article I
The text of article 5 of the aforementioned Electronic Transactions Law is hereby replaced with the following text:
The competent authority shall establish, operate, and develop the electronic payment gateway, and shall specify its working system in coordination with the Central Bank of Oman.
Article II
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article III
This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 21 Ramadan 1431
Corresponding to: 1 September 2010
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 919 issued on 18 September 2010.