Royal Decree

Royal Decree 51/2019 Promulgating the Privatisation Law

2019/51 51/2019


We, Qaboos bin Said, the Sultan of Oman

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

the Privatisation Law promulgated by Royal Decree 77/2004,

and the Tender Law promulgated by Royal Decree 36/2008,

and after presentation to Majlis Oman,

and in pursuance of public interest,

have decreed as follows

Article I

The attached Privatisation Law shall apply.

Article II

The chairman of the board of directors of the Public Authority for Privatisation and Partnership shall issue the executive regulation of the attached law within a period not exceeding 1 (one) year from the date of its entry into force, as well as the decisions necessary for implementing its provisions, and until they are issued, the regulations and decisions in force shall continue to operate to the degree that they do not contradict with its provisions.

Article III

The Privatisation Law promulgated by Royal Decree 77/2004 is hereby repealed, as well as every provision contrary to the attached law or in conflict with its provisions.

Article IV

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

Issued on: 27 Shawwal 1440
Corresponding to: 1 July 2019

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1300 issued on 7 July 2019.

You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a new paid account.