Published in Official Gazette 884 issued on 1 April 2009.
Author: admin
We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
the Oil and Minerals Law promulgated by Royal Decree 42/74,
and the Petroleum Agreement between the Government of the Sultanate of Oman and Epsilon Energy International Limited (Block 55) signed on 25 January 2009,
and in pursuance of public interest,
have decreed as follows
Article I
The aforementioned petroleum agreement is hereby approved.
Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 25 Rabi Al-Awwal 1430
Corresponding to: 23 March 2009
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 884 issued on 1 April 2009.
We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
and the Treaty between the Sultanate of Oman and the Federal Republic of Germany concerning the Encouragement and Reciprocal Protection of Investments signed in the city of Muscat on 13 Jumada Al-Awwal 1428, corresponding to 30 May 2007,
and in pursuance of public interest,
have decreed as follows
Article I
The aforementioned treaty is hereby ratified.
Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 25 Rabi Al-Awwal 1430
Corresponding to: 23 March 2009
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 884 issued on 1 April 2009.
We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
and the Agreement Establishing a Joint Committee for Cooperation between the Government of the Sultanate of Oman and the Government of the Kingdom of Bahrain signed in the city of Muscat on 22 Rabi Al-Akhir 1429, corresponding to 28 April 2008,
and in pursuance of public interest,
have decreed as follows
Article I
The aforementioned agreement is hereby ratified.
Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 25 Rabi Al-Awwal 1430
Corresponding to: 23 March 2009
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 884 issued on 1 April 2009.
Ratified by Royal Decree 14/2009.
Ratified by Royal Decree 13/2009.
We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State issued by Royal Decree 101/96,
and the Financial Law issued by Royal Decree 47/98,
and in pursuance of public interest,
have decreed as follows
Article I
The texts of articles 1 and 2 of the mentioned Royal Decree 31/96 are hereby replaced with the following texts:
Article 1
The provisions of this decree apply to:
1. The Public Authority for Social Insurance.
2. The Civil Service Employees Pension Fund.
3. The Diwan of Royal Court Employees Pension Fund.
4. The Ministry of Defence Pension Fund.
5. The Royal Office Employees Pension Fund.
6. The Royal Oman Police Pension Fund.
7. The Royal Guard of Oman Pension Fund.
8. The Internal Security Service Pension Fund.
9. The Sultan’s Special Force Pension Fund.
10. Any other pension funds established by royal decrees.
Article 2
The investment of the funds of the mentioned entities must be in the following areas:
1. Bonds issued by the government of the Sultanate and the governments of foreign states.
2. Shares and bonds issued by Omani joint stock companies.
3. Shares and bonds issued by foreign companies and listed in the securities markets of foreign states.
4. Deposits with local and foreign banks.
5. Real estate located in the Sultanate and abroad.
Article II
The phrase “pension and retirement funds” wherever it occurs in the mentioned Royal Decree 31/96 is hereby replaced with the phrase “pension funds”.
Article III
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article IV
This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 18 Rabi Al-Awwal 1430
Corresponding to: 16 March 2009
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 884 issued on 1 April 2009.