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 the Commercial Register 3/74,
the Commercial Agencies Law promulgated by Royal Decree 26/77,
the Law of Commerce promulgated by Royal Decree 55/90,
the Capital Market Law promulgated by Royal Decree 80/98,
and the Law of Oman Chamber of Commerce and Industry promulgated by Royal Decree 22/2007,
and in pursuance of public interest,
have decreed as follows
Article I
The attached system shall apply in regard to Oman Chamber of Commerce and Industry.
Article II
The Chairman of the Board of Directors of Oman Chamber of Commerce and Industry shall issue the executive regulation, financial and administrative regulations, and other necessary regulations and decisions for implementing the provisions of the attached system. The executive regulations shall be published in the Official Gazette, and until those regulations and decisions are issued, the regulations and decisions in force shall continue to operate to the degree that they do not contradict with the provisions of the attached system.
Article III
All that is contrary to the attached system, or in conflict with its provisions, is hereby repealed.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 day following the date of its publication.
Issued on: 8 Rabi Al-Awwal 1438
Corresponding to: 27 November 2017
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 1221 issued on 6 December 2017.
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