Author: admin

Arabic 

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State issued by Royal Decree 101/96,

the Brussels Convention Relating to the Distribution of Programme-Carrying Signals Transmitted by Satellite 1974,

the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure 1977,

the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks 1989,

the International Convention for the Protection of New Varieties of Plants 1991,

the Trademark Law Treaty 1994,

and the Patent Law Treaty 2000,

and in pursuance of public interest,

have decreed as follows

Article I

The accession of the Sultanate of Oman to the mentioned protocol and treaties is hereby approved.

Article II

Competent entities shall deposit the instruments of accession to the protocol and treaties in accordance with their provisions.

Article III

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

Issued on: 5 Rabi Al-Thani 1428
Corresponding to: 23 April 2007

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 838 issued on 1 May 2007.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State issued by Royal Decree 101/96,

the Vehicle Insurance Law issued by Royal Decree 34/94,

the Capital Market Law issued by Royal Decree 80/98,

and Royal Decree 90/2004 Transferring the Mandates of Insurance from the Ministry of Commerce and Industry to the Capital Market Authority,

and in pursuance of public interest,

have decreed as follows

Article I

The text of article 8 of the mentioned Vehicle Insurance Law is hereby replaced with the following text:

The Chairman of the Board of Directors of the Capital Market Authority—after the approval of the Council of Ministers—may issue a decision to establish a guarantee fund to assist the physically injured and the heirs of the deceased in vehicle accidents in the event that the vehicle causing the accident is unknown.

The decision issued in this regard must regulate the working rules of the fund, its sources of financing, the proportions or amounts borne by each source, the controls on the disbursement of assistance, as well as the conditions and exceptions that must be met when covering the mentioned accidents.

The chairman of the board of directors of the authority may add other cases to be covered by the assistance of the fund after obtaining the approval of the Council of Ministers.

Article II

The phrase “Ministry of Commerce and Industry” is hereby replaced with the phrase “Capital Market Authority” and the phrase “Minister of Commerce and Industry” with the phrase “Executive President of the Capital Market Authority” wherever they occur in the mentioned Vehicle Insurance Law and the regulations and decisions in its implementation.

Article III

This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 28 Rabi Al-Awwal 1428
Corresponding to: 16 April 2007

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 838 issued on 1 May 2007.

Arabic Auto Translate

Published in Official Gazette 838 issued on 1 May 2007.