We, Qaboos bin Said, the Sultan of Oman
after perusal of Royal Decree 27/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,
and in pursuance of public interest,
have decreed as follows
Article 1
Article 2(b) of the mentioned Royal Decree 78/81 is hereby amended to read as follows:
Article 2(b)
The government disposes of 44,122 shares (forty-four thousand one hundred and twenty-two shares) of its stake in the Corporation to Omani citizens, with a maximum of 500 shares per individual. The government must announce this disposal and its terms by publishing them in the Official Gazette and other appropriate media outlets. The offer of shares to Omani citizens shall remain open for a period of three months from the date of publication of the announcement in the Official Gazette.
Article 2
The shareholding percentage referred to in article 3 of the mentioned Decree 78/81 is hereby amended in accordance with the text of the previous article.
Article 3
This amendment does not affect the remaining provisions and conditions of the mentioned Royal Decree 78/81.
Article 4
This decree must be published in the Official Gazette, and comes into force from the date of its issuance.
Issued on: 8 Jumada Al-Awwal 1402
Corresponding to: 4 March 1982
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 237 issued on 15 March 1982.