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Royal Decree

Royal Decree 63/2002 Approving the Assignment by Japex Oman Limited and Japex Aswad Limited of All Their Rights and Obligations in the Petroleum Agreement Signed on 4 July 1981 to Mazoon Oil and Gas Company BV Limited

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 Oil and Minerals Law issued by Royal Decree 42/74,

Royal Decree 60/81 Ratifying the Petroleum Agreement Between the Government of the Sultanate of Oman and Japex Oman Limited Signed on 4 July 1981,

and the set of documents by which Japex Oman Limited and Japex Aswad Limited assigned all their rights and obligations in the petroleum agreement signed on 4 July 1981 to Mazoon Oil and Gas Company (BVI) Ltd, which accepts this assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by Japex Oman Limited and Japex Aswad Limited of all their rights and obligations in the petroleum agreement signed on 4 July 1981 to Mazoon Oil and Gas Company (BVI) Limited 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: 26 Rabi Al-Thani 1423
Corresponding to: 7 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 65/2002 Ratifying the Agreement Between the Government of the Sultanate of Oman and the Government of the Republic of Yemen for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

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 Between the Government of the Sultanate of Oman and the Government of the Republic of Yemen for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income signed on 8 May 2002,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned Agreement Between the Government of the Sultanate of Oman and the Government of the Republic of Yemen 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: 26 Rabi Al-Thani 1423
Corresponding to: 7 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 62/2002 Appointing a Non-resident Ambassador

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 Diplomatic and Consular Corps Law issued by Royal Decree 40/86 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

Ambassador Ali bin Ahmed bin Harib Al-Issai, Our ambassador to the Republic of Tunisia, is hereby appointed a non-resident ambassador extraordinary and plenipotentiary of Ours to the Great Socialist People’s Libyan Arab Jamahiriya.

Article II

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

Issued on: 26 Rabi Al-Thani 1423
Corresponding to: 7 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 59/2002 Declaring Public Benefit Status to the Bishara Gold Mine Project in the Village of Sayya—Wilayat of Yanqul

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 Bishara Gold Mine Project in the Village of Sayya in the Wilayat of Yanqul, specified in the attached note and masterplan, is hereby deemed a public benefit project.

Article II

The competent entities may seize, through direct execution, real estate and land necessary for the project specified in article I, and all establishments on them, 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: 25 Rabi Al-Thani 1423Corresponding to: 6 July 2002

Qaboos bin SaidSultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.


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Categories
Royal Decree

Royal Decree 61/2002 Forming the Board of Governors of the Central Bank of Oman

Arabic We, Qaboos bin Said, the Sultan of Oman after perusal of the Basic Statute of the State issued by Royal Decree 101/96, Royal Decree 36/97 Recomposing the Board of Governors of the Central Bank of Oman, and Royal Decree 114/2000 Issuing the Banking Law, and in pursuance of public interest,

have decreed as follows

Article I

The Board of Governors of the Central Bank of Oman is hereby formed under Our chairmanship and the membership of the following:

1. Dr Ali bin Mohammed bin Moosa—Deputy Chairman

2. Sheikh Salim bin Hilal bin Ali Al-Khalili

3. Hamoud bin Sangour bin Hashim Al-Zadjali

4. Yahya bin Mohammed bin Naseeb

5. Salim bin Abdullah bin Said Al-Rawas

6. A representative of the Ministry of Finance

The membership is for a period of five years from the date of entry into force of this decree.

Article II

All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.

Article III

This decree must be published in the Official Gazette, and comes into force on 11 June 2002. Issued on: 25 Rabi Al-Thani 1423 Corresponding to: 6 July 2002

Qaboos bin Said Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 58/2002 Ratifying the Agreement Establishing a Free Trade Zone Between the Sultanate of Oman and the Republic of Iraq

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 Establishing a Free Trade Zone Between the Sultanate of Oman and the Republic of Iraq signed in Muscat on 13 April 2002,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned Agreement Establishing a Free Trade Zone Between the Sultanate of Oman and the Republic of Iraq 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-Thani 1423
Corresponding to: 6 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 60/2002 Increasing the Capital of the Central Bank of Oman

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

Royal Decree 10/99 Increasing the Capital of the Central Bank of Oman,

and Royal Decree 114/2000 Issuing the Banking Law,

and in pursuance of public interest,

have decreed as follows

Article I

The capital of the Central Bank of Oman is hereby increased from two hundred and fifty million Rial Omani to three hundred million Rial Omani.

Article II

The Central Bank of Oman shall transfer the increase stipulated in article I of this decree from the general reserve account of the bank.

Article III

This decree must be published in the Official Gazette, and comes into force on 1 April 2002.

Issued on: 25 Rabi Al-Thani 1423
Corresponding to: 6 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 57/2002 Appointing an Advisor to the Ministry of Social Development

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 Civil Service Law issued by Royal Decree 8/80 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

Said bin Salim bin Tamteem Ghawwas Al-Kathiri is hereby appointed an advisor to the Ministry of Social Development with the grade of undersecretary of a ministry.

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-Thani 1423
Corresponding to: 6 July 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 723 issued on 15 July 2002.

Categories
Royal Decree

Royal Decree 56/2002 Issuing the Law of Free Zones

This item was repealed by Royal Decree 38/2025.

Consolidated Text Arabic

Published in Official Gazette 720 issued on 1 June 2002.

Categories
Royal Decree

Royal Decree 53/2002 Amending Article 7 of the Annex to the Constitutive Provisions of the Oman Development Bank SAOG Attached to Royal Decree 18/97

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 Commercial Companies Law 4/74 and its amendments,

the Financial Law issued by Royal Decree 47/98 and its amendments,

and Royal Decree 18/97 Establishing an Omani Public Joint Stock Company Named “Oman Development Bank”,

and in pursuance of public interest,

have decreed as follows

Article I

The text of Article 7 of the Annex to the Constitutive Provisions of the Oman Development Bank SAOG attached to the mentioned Royal Decree 18/97 is hereby replaced with the following text:

The bank must be managed by a board of directors consisting of a chairman and four members representing the Ministry of Finance, Ministry of National Economy, Ministry of Commerce and Industry, and Ministry of Agriculture and Fisheries. It is permitted for two members of competence and experience nominated by the ordinary general meeting of the bank to be added to them.

The appointment of the chairman and members must be issued by a decision by the Council of Ministers on the basis of a proposal by the minister supervising the Ministry of Finance. The representative of this ministry must be the deputy chairman to replace him in the event of his absence or if he is unable to attend.

Article II

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

Issued on: 5 Rabi Al-Awwal 1423
Corresponding to: 18 May 2002

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 720 issued on 1 June 2002.