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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 34/2021 Adopting the Gulf Technical Regulation on Children’s Toys

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Published in Official Gazette 1382 issued on 7 March 2021.

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Ministerial Decision

Capital Market Authority: Decision 27/2021 Issuing the Public Joint Stock Companies Regulation

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Based on the Capital Market Law promulgated by Royal Decree 80/98,

Royal Decree 82/98 Establishing the Muscat Clearing and Depository Company,

the Commercial Companies Law promulgated by Royal Decree 18/2019,

Ministerial Decision 137/2002 regarding the Rules and Conditions for the Election of the Members of the Boards of Directors of Public Joint Stock Companies and the Provisions concerning Their Responsibilities,

Ministerial Decision 156/2002 regarding the Procedures and Provisions for the Assignment of the Right of Preference in Subscribing to Shares of the Increase in the Capital of Public Joint-Stock Companies,

the Executive Regulation of the Capital Market Law issued by Decision 1/2009,

the Accreditation of Auditors Controls Regulation Issued by Decision 8/2018,

Decision 10/2018 regarding the Controls for Forming the Audit Committee and Appointing the Internal Auditor and Legal Advisor in Public Joint Stock Companies,

the approval of the Board of Directors of the Capital Market Authority,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached Public Joint Stock Companies Regulation shall apply.

Article II

The Executive President of the Capital Market Authority shall issue the necessary decisions, forms, and instructions necessary to implement the provisions of the attached regulation, and until they are issued, the existing decisions, forms, and instructions continue to operate to the degree that they do not contradict with the provisions of the aforementioned Commercial Companies Law and the attached regulation.

Article III

The aforementioned Decisions 137/2002, 156/2002, 8/2018, and 10/2018 are hereby repealed, as well as all that is contrary to the provisions of the attached regulation or in conflict with its provisions.

Article IV

This decision must be published in the Official Gazette, and comes into force on the day following the date of its publication, with the exception of the provisions relating to the accreditation of the internal auditor and the legal adviser, which come into force after the lapse of 6 (six) months from the date of its publication.

Issued on: 13 Rajab 1442
Corresponding to: 25 February 2021

Sultan bin Salim bin Said Al-Habsi
Minister of Finance
Chairman of the Board of Directors of the Capital Market Authority

Published in Official Gazette 1381 issued on 28 February 2021.

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Royal Decree

Royal Decree 21/2021 Approving the Assignment by the Government of the Sultanate of Oman of All Its Rights and Obligations Relating to Its Participating Interest in the Agreements on the Exploration and Exploitation of Hydrocarbon in Block 6 in the Sultanate of Oman and Approving the Fiscal Protocol in Relation to Energy Development Oman SAOC’s Participating Interest in the Agreement Extending and Consolidating the Concession Agreement

Arabic

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,

Royal Decree 50/80 Establishing Petroleum Development Oman Limited Liability Company,

Royal Decree 67/2003 Applying the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf,

Royal Decree 2/2005 Granting the Concession for the Exploration and Exploitation of Hydrocarbon in Block 6 in the Sultanate of Oman,

the Income Tax Law promulgated by Royal Decree 28/2009,

the Oil and Gas Law promulgated by Royal Decree 8/2011,

the Commercial Companies Law promulgated by Royal Decree 18/2019,

Royal Decree 128/2020 Establishing a Closed Omani Joint Stock Company Named Energy Development Oman SAOC,

the Agreement Extending and Consolidating the Concession Agreement concluded on 6 Dhu Al-Qa’dah 1425, corresponding to 19 December 2004 between the Government of the Sultanate of Oman and Private Oil Holdings Oman Limited,

the Shareholders Agreement concluded on 6 Dhu Al-Qa’dah 1425, corresponding to 19 December 2004 between the Government of the Sultanate of Oman and Petroleum Development Oman LLC, Shell Petroleum Company Limited, Total SE, and PTTEP Oman E&P Corporation,

the Operating Agreement concluded on 6 Dhu Al-Qa’dah 1425, corresponding to 19 December 2004 between Petroleum Development Oman LLC, Private Oil Holdings Oman Limited, and the Government of the Sultanate of Oman,

the contract amending the Constitutive Contract of Petroleum Development Oman LLC which governs and regulates the founders' relationship between the Government of the Sultanate of Oman, Shell Petroleum Company Limited, Total SE, and PTTEP Oman E&P Corporation relating to Petroleum Development Oman LLC,

the collection of documents by which the Government of the Sultanate of Oman assigned all of its rights and obligations relating to its participating interest in the aforementioned Agreement Extending and Consolidating the Concession Agreement, Shareholders Agreement, and Operating Agreement to Energy Development Oman SAOC, which accepts this assignment,

and the Fiscal Protocol in Relation to Energy Development Oman SAOC’s Participating Interest in the Agreement Extending and Consolidating the Concession Agreement,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by the Government of the Sultanate of Oman of all its rights and obligations relating to its participating interest in the aforementioned Agreement Extending and Consolidating the Concession Agreement to Energy Development Oman SAOC is hereby approved. The final shares of the parties to the agreement are as follows:

60% (sixty percent) for Energy Development Oman SAOC.

40% (forty percent) for Private Oil Holdings Oman Limited.

Article II

The assignment by the Government of the Sultanate of Oman of all its rights and obligations relating to its participating interest in the aforementioned Shareholders Agreement to Energy Development Oman SAOC is hereby approved. The final shares of the shareholders in Petroleum Development Oman LLC are as follows:

60% (sixty percent) for Energy Development Oman SAOC.

34% (thirty-four percent) for Shell Petroleum Company Limited.

4% (four percent) for Total SE.

2% (two percent) for PTTEP Oman E&P Corporation.

Article III

The assignment by the Government of the Sultanate of Oman of all its rights and obligations in the aforementioned Operating Agreement to Energy Development Oman SAOC is hereby approved.

Article IV

The aforementioned fiscal protocol is hereby approved.

Article V

Any future amendments to the aforementioned fiscal protocol shall become effective in accordance with its terms and with the approval of the parties concerned.

Article VI

The provisions of the aforementioned fiscal protocol shall apply regardless of any contrary provisions in laws, regulations, or directives in force in the Sultanate of Oman.

Article VII

This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 12 Rajab 1442
Corresponding to: 24 February 2021 

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1381 issued on 28 February 2021.

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Ministerial Decision

Ministry of Agriculture, Fisheries, and Water Resources: Ministerial Decision 25/2021 Banning the Import of Live Birds from Some States

This item was repealed by MAFW Decision 227/2025.

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Published in Official Gazette 1381 issued on 28 February 2021.

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Ministerial Decision

Ministry of Agriculture, Fisheries, and Water Resources: Ministerial Decision 26/2021 Lifting the Ban on the Import of Live Birds from the State of Karnataka in the Republic of India

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Published in Official Gazette 1381 issued on 28 February 2021.

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Ministerial Decision

Ministry of Agriculture, Fisheries, and Water Resources: Ministerial Decision 23/2021 Issuing the Executive Regulation of the Law of the Practice of Veterinary Professions

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Published in Official Gazette 1381 issued on 28 February 2021.

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COVID-19 Supreme Committee

COVID-19 Supreme Committee Decision of 22 February 2021

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Note: The following text is a public domain translation published by the Official OmanVsCovid19 Twitter account.

Statement of the Supreme Committee

The Supreme Committee has come to know the global impact of the epidemiological situation on health systems in countries of the world, particularly with the spread of the mutated strains linked to travel-associated exportation, and the risk of spreading these strains in the Sultanate, which impact the capacity of local healthcare system, as indicated by the local reports of the polymerase tests done to arrivals in the Sultanate.

Hence, in an effort to protect the community, and to maintain the efforts countering the pandemic, the committee has decided to suspend entry of the arrivals to the Sultanate coming from the following countries: The Republic of Sudan, the Lebanese Republic, the Republic of South Africa, the Federative Republic of Brazil, the Federal Republic of Nigeria, the United Republic of Tanzania, the Republic of Ghana, the Republic of Guinea, the Republic of Sierra Leone, the Federal Democratic Republic of Ethiopia, and those coming from other countries but have passed through one of the aforementioned ten countries in the last 14 days preceding their request to enter the Sultanate, effective 12:00 am of Thursday, February 25th, 2021 for fifteen days period.

This excludes Omani citizens, diplomats, healthcare workers and their families, who will be subject to the approved procedures upon arriving in the Sultanate. The Supreme Committee urges citizens and residents to avoid travel in the coming period unless absolutely necessary.

May Allah Almighty Protect All From Harmful Diseases

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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 30/2021 Considering Two Standard Specifications Relating to Paints and Varnishes as Binding Omani Standard Specifications

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Published in Official Gazette 1381 issued on 28 February 2021.

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Royal Decree

Royal Decree 18/2021 Ratifying the Agreement between the Government of the Sultanate of Oman and the Government of Hungary for Economic and Technical Cooperation

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We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

and the Agreement between the Government of the Sultanate of Oman and the Government of Hungary for Economic and Technical Cooperation signed in the city of Muscat on 28 December 2020,

and in pursuance of public interest,

have decreed as follows

Article I

The aforementioned agreement is hereby ratified in the form attached.

Article II

This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 3 Rajab 1442
Corresponding to: 15 February 2021

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1380 issued on 21 February 2021.

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Treaty

Agreement between the Government of the Sultanate of Oman and the Government of Hungary for Economic and Technical Cooperation

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Ratified by Royal Decree 18/2021.