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 Governing the Work of Engineering Consultancy Offices issued by Royal Decree 120/94,

and in pursuance of public interest,

have decreed as follows

Article I

The text of article 7 of the mentioned Law Governing the Work of Engineering Consultancy Offices is hereby replaced with the following text:

A committee must be formed to review registration applications under the chairmanship of the Director General of Commerce at the Ministry of Commerce and Industry and the membership of:

– Director General of Town Planning and Survey at the Ministry of Housing.

– Secretary of the Commercial Register at the Ministry of Commerce and Industry.

– Director of Legal Affairs at the Ministry of Commerce and Industry.

– Director of Corporate Affairs at the Ministry of Commerce and Industry.

– Director of Building Permits at Muscat Municipality.

– Director of Technical Affairs at the Ministry of Regional Municipalities and Environment.

– Director of Technical Affairs at the Municipality of Dhofar.

– Two Omani engineers with experience and competence to be determined by the committee stipulated in article 4 of this law.

The committee must convene by a majority of the number of its members, provided that at least one engineer is among those present. Its decisions must be issued by a majority of the members present, and in the case of a tie, the side that includes the chairman prevails.

Article II

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

Issued on: 11 Sha’ban 1419
Corresponding to: 30 November 1998

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 636 issued on 1 December 1998.

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 Banking Law 7/74 and its amendments,

and Royal Decree 64/83 Establishing the Omani Banking Institute and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

The name of the “Oman Banking Institute” stipulated in article I of the mentioned Royal Decree 64/83 is hereby amended to the “Banking and Financial Studies Institute.”

Article II

The text of article IV of the mentioned Royal Decree 64/83 is hereby replaced with the following text:

The board of directors of the institute must be formed of:

– Representatives of the Central Bank of Oman appointed by the deputy chairman of the board of governors, one of whom is the chairman of the board and the other the deputy chairman, and the membership of:

– A representative of the Ministry of Higher Education.

– A Representative of the Ministry of Social Affairs, Labour, and Vocational Training.

– Four representatives of banks.

– The director general of the institute or his deputy—Secretary.

Article III

All relevant entities shall implement the provisions of this decree, each within its mandates.

Article IV

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

Issued on: 11 Sha’ban 1419
Corresponding to: 30 November 1998

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 636 issued on 1 December 1998.