We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
Royal Decree 48/76 regarding the Signing of Foreign and Domestic Financial Transactions,
and the Financial Law promulgated by Royal Decree 47/98,
and in pursuance of public interest,
have decreed as follows
Article I
The provisions of the attached System of Signing Contracts and Financial Commitments of the State hereby apply.
Article II
The aforementioned Royal Decree 48/76 is hereby repealed, as well as all that is contrary to the attached system, or in conflict with its provisions.
Article III
This royal decree must be published in the Official Gazette, and comes into force after 30 (thirty) days from the date of its publication.
Issued on: 17 Jumada Al-Awwal 1446
Corresponding to: 19 November 2024
Haitham bin Tarik
Sultan of Oman
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