We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
the Financial Law issued by Royal Decree 47/98,
and the State Financial and Administrative Audit Law issued by Royal Decree 111/2011,
and after presentation to Majlis Oman,
and in pursuance of public interest,
have decreed as follows
Article I
The provisions of the attached Financial Law hereby apply.
Article II
The Minister of Finance shall issue the executive regulation of the attached law and shall also issue the necessary decisions for implementing its provisions. Until they are issued, the existing regulations and decisions continue to operate to the degree that they do not contradict with its provisions.
Article III
The mentioned Financial Law is hereby repealed, as well as all that is contrary to the attached law or in conflict with its provisions.
Article IV
This decree must be published in the Official Gazette, and comes into force after 60 (sixy) days from the date of its publication.
Issued on: 8 Shawwal 1446
Corresponding to: 7 April 2025
Haitham bin Tarik
Sultan of Oman
Published in Official Gazette 1591 issued on 13 April 2025.
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.