Royal Decree 2/2018 Establishing the Competition Protection and Monopoly Prevention Centre and Promulgating Its System

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 System of Public Authorities and Establishments promulgated by Royal Decree 116/91,

Royal Decree 26/2011 Establishing the Public Authority for Consumer Protection,

the System of the Public Authority for Consumer Protection promulgated by Royal Decree 53/2011,

and the Law of Competition Protection and Monopoly Prevention promulgated by Royal Decree 67/2014,

and in pursuance of public interest,

have decreed as follows

Article I

A centre named the "Competition Protection and Monopoly Prevention Centre" is hereby established subject to the supervision of the Minister of Commerce and Industry, and governed by the provisions of the attached system.

Article II

The Competition Protection and Monopoly Prevention Centre has legal personality and enjoys financial and administrative independence.

Article III

All competences, allocations, and assets relating to the Competition and Monopoly Prevention Directorate in the Public Authority for Consumer Protection are hereby transferred to the Competition Protection and Monopoly Prevention Centre, as well as all that is connected to competition and monopoly prevention affairs. The employees of the directorate must be transferred to the centre with their same financial grades and employment status. The implementation of the transfer must be in accordance with the guidelines agreed upon by the Minister of Commerce and Industry and the Chairman of the Public Authority for Consumer Protection.

Article IV

The provisions of financial, administrative, and employee affairs laws and systems applicable to the units of administrative apparatus of the state apply to the Competition Protection and Monopoly Prevention Centre.

Article V

The Chairman of the Board of Directors of the Competition Protection and Monopoly Prevention Centre shall issue the necessary regulations and decisions for implementing the provisions of this decree and the attached system, and until they are issued, the regulations and decisions in force continue to operate to the degree that they do not contradict with their provisions.

Article VI

All that is contrary to this decree and the attached system, or in conflict with their provisions, is hereby repealed.

Article VII

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

Issued on: 21 Rabi Al-Thani 1439
Corresponding to: 9 January 2018

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1226 issued on 14 January 2018.