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,

and the Law on the Expropriation for Public Benefit issued by Royal Decree 64/78 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

The project for expanding the Souq of Wilayat Ibri specified in the accompanying memorandum and masterplan is deemed a public benefit project.

Article II

The competent entities may seize, through direct execution, establishments and lands necessary for the project, in accordance with the provisions of the mentioned Law on the Expropriation for Public Benefit.

Article III

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

Issued on: 28 Rabi Al-Awwal 1426
Corresponding to: 7 May 2005

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 791 issued on 15 May 2005.

Arabic

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 Agreement for Cooperation on Combating International Terrorism, Illicit Trafficking in Narcotic Drugs, Psychotropic Substances and Organized Crime between the Government of the Sultanate of Oman and the Government of the Republic of Turkey signed in Muscat on 31 January 2005,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned 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: 28 Rabi Al-Awwal 1426
Corresponding to: 7 May 2005

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 791 issued on 15 May 2005.

Arabic

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 Commercial Companies Law 4/74 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

The text of article 13bis(8) of the mentioned Commercial Companies Law is hereby replaced with the following text:

The merger must be announced by publication in two daily newspapers for two consecutive times and registered in the Commercial Register. The implementation of the merger decision must be after the lapse of three months from the date of its publication in the Commercial Register. The Minister of Commerce and Industry may, by a decision published in two daily newspapers for two consecutive times, reduce this period if the public interest so requires. The creditors of the merged company may, within the prescribed time limit, object to the merger with the company by a registered letter. The merger shall remain suspended unless the creditor waives his objection or the competent court decides to reject it by a final judgment or the company fulfils the debt if it is immediate or provides sufficient guarantees to fulfil it if it is deferred. and if no objection is submitted within the deadline, the merger must be considered effective.

Article II

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

Issued on: 24 Rabi Al-Awwal 1426
Corresponding to: 3 May 2005

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 791 issued on 15 May 2005.