We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
and in pursuance of public interest,
have decreed as follows
Article I
All competences, allocations, assets, rights, obligations, and holdings of the Public Authority for Privatisation and Partnership are hereby transferred to the Ministry of Finance, and its employees are hereby transferred to the Ministry of Finance with their same financial grades.
Article II
The phrase “Public Authority for Privatisation and Partnership” wherever it occurs in laws and royal decrees is hereby replaced with the phrase “Ministry of Finance.”
The phrases “Board of Directors of the Public Authority for Privatisation and Partnership” and “Chairman of the Board of Directors of the Public Authority for Privatisation and Partnership” wherever they occur in laws and royal decrees are hereby replaced with the phrase “Minister of Finance.”
Article III
The Public Authority for Privatisation and Partnership is hereby abolished, and all that is contrary to this decree or in conflict with its provisions is hereby repealed.
Article IV
This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 28 Dhu Al-Hijja 1441
Corresponding to: 18 August 2020
Haitham bin Tarik
Sultan of Oman
Published in Official Gazette 1353 issued on 19 August 2020.