Royal Decree

Royal Decree 8/2018 Promulgating the National Payment Systems Law

2018/8 8/2018


We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Law of Commerce promulgated by Royal Decree 55/90,

the Capital Market Law promulgated by Royal Decree 80/98,

the Banking Law promulgated by Royal Decree 114/2000,

the Electronic Transactions Law promulgated by Royal Decree 69/2008,

the Cybercrime Law promulgated by Royal Decree 12/2011,

and the Law of Combating Money Laundering and Terrorism Financing promulgated by Royal Decree 30/2016,

and in pursuance of public interest,

have decreed as follows

Article I

The provisions of the attached National Payment Systems Law shall apply.

Article II

All that is contrary to this law, or in conflict with its provisions, is hereby repealed.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 the day following the lapse of 30 (thirty) days from the date of its publication in the Official Gazette.

 Issued on: 4 Jumada Al-Thani 1439
Corresponding to: 20 February 2018

 Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1232 issued on 25 February 2018.

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