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Royal Decree

Royal Decree 42/2017 Forming the Board of Governors of the Central Bank of Oman

2017/42 42/2017

Arabic

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,

and Royal Decree 37/2012 Forming the Board of Governors of the Central Bank of Oman,

and in pursuance of public interest,

have decreed as follows

Article I

The Board of Governors of the Central Bank of Oman is hereby formed under the chairmanship of His Majesty the Sultan and with the membership of the following:

– Deputy Chairman of the Board of Governors of the Central Bank of Oman.

– Undersecretary of the Ministry of Finance.

– Executive President of the Central Bank of Oman.

– Executive President of the Capital Market Authority.

– Sheikh Mohammed bin Saud bin Salim Bahwan Al-Mukhaini.

– Dr Saif bin Abdullah bin Saif Al-Shidi.

The membership is for a period of 5 years from the date of entry into force of this decree.

Article II

All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.

Article III

This decree shall be published in the Official Gazette, and comes into force on 11 June 2017.

Issued on: 14 Dhu Al-Hijja 1438
Corresponding to: 5 September 2017 

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1209 issued on 10 September 2017.