Category: Royal Decree

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

the Commercial Companies Law 4/1974,

and Royal Decree 2/1977 Amending Some Provisions of Royal Decree 4/1974 Issuing the Law on Foreign Trades and Foreign Capital Investment,

and in pursuance of public interest,

have decreed as follows

Article 1

The following text is hereby added to the text of article I(b) of the mentioned Royal Decree 2/1977:

Provided that the mentioned minimum paid-up capital may be reduced to thirty thousand Rial Omani in cases recommended by the Foreign Capital Investment Committee and based on reasonable economic reasons submitted by the committee and approved by the Minister of Commerce and Industry and after the approval of the Development Council.

Article 2

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

Issued on: 5 Jumada Al-Awwal 1398
Corresponding to: 12 April 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 145 issued on 15 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

based on the provisions of articles 2, 3, and 4 of the Omani Nationality Law 1 of 1972 issued on 1 January 1972,

and given that the persons mentioned below meet all the conditions stipulated in those articles of the mentioned law,

have decreed as follows

Article 1

Omani nationality is hereby granted to the persons named below:

1. Abdulraouf Ahmed Aisha

2. Ali Atheem Haji

3. Saif Salim Saif

4. Shahdost Shambieh Sulaiman Al-Balushi

5. Murad Adam Yousuf Al-Balushi

6. Shams Ahmed Khan Aqtab Ali Khan

Article 2

This decree must be published in the Official Gazette, and must be implemented on the date of its publication.

Issued on: 18 Rabi Al-Thani 1398
Corresponding to: 27 March 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 144 issued on 1 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of article 14 of the Diplomatic and Consular Corps Law 50/74 issued on 7 December 1974,

and in pursuance of public interest,

have decreed as follows

Article 1

Ambassador Ali Mohammed Al-Jamali, Our ambassador to the Republic of India, is hereby transferred to the headquarters of the Foreign Ministry.

Article 2

The Minister of State for Foreign Affairs shall implement this decree, and it comes into force from 1 April 1978, and must be published in the Official Gazette.

Issued on: 13 Rabi Al-Thani 1398
Corresponding to: 22 March 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 144 issued on 1 April 1978.

Arabic Auto Translate

Published in Official Gazette 144 issued on 1 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

and the Banking Law 7/74, amended by Royal Decree 55/77,

and in pursuance of public interest,

have decreed as follows

Article 1

The authorised capital of the Central Bank of Oman is hereby increased to ten million Rial Omani, provided that the paid-up capital is set at ten million Rial Omani.

Article 2

The required increase must be financed from the general reserve of the bank in accordance with the provisions of the mentioned Banking Law, as amended.

Article 3

All relevant entities shall implement this decree.

Article 4

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

Issued on: 18 Rabi Al-Thani 1398
Corresponding to: 27 March 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 144 issued on 1 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

and Royal Decree 51/77 Establishing Oman Housing Bank,

and in pursuance of public interest,

have decreed as follows

Article 1

The text of article 9 of Royal Decree 51/77 referred to above is hereby amended to read as follows:

The Oman Housing Bank is exempted from all the provisions of chapter three of part four of the Banking Law of 1974, as well as from the provisions of articles 4-06.4 and 4-05.4(d) of chapter four of the same mentioned law, and from all other laws that conflict with the provisions of this decree.

Article 2

All relevant entities shall implement this decree.

Article 3

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

Issued on: 18 Rabi Al-Thani 1398
Corresponding to: 27 March 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 144 issued on 1 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

Decree 42/74 Issuing the Oil and Minerals Law,

the Oil Agreement entered into between the Government of the Sultanate and the Alf Sumitomo Group on 14 May 1975, in particular article 21 of it,

and the assignment by Alf Sumitomo Group to Wintershall Aktien-Gesellschaft of an undivided share of 20% of its interest, rights and obligations in the mentioned agreement and the acceptance of Wintershall Aktien-Gesellschaft of this assignment on 30 December 1977,

and in pursuance of public interest,

have decreed as follows

Article 1

The assignment by Alf Sumitomo Group of an undivided share of 20% of its interest, rights, and obligations in the mentioned agreement entered into between it and the Government of the Sultanate on 14 May 1975 to Wintershall Aktien-Gesellschaft is hereby approved, which accepts the assignment in accordance with its declaration dated 30 December 1977. The provisions of article 21 of the mentioned agreement hereby apply to this assignment.

Article 2

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

Issued on: 18 Rabi Al-Thani 1398
Corresponding to: 27 March 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 144 issued on 1 April 1978.

Arabic Auto Translate

Published in Official Gazette 144 issued on 1 April 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State of 1975 and its amendments,

Royal Decree 42/74 Issuing the Oil and Minerals Law,

the Mining Concession Agreement Between the Government of the Sultanate and Marshall and Prospection Companies signed on 4 February 1973 and amended on 1 January 1974,

and the second amendment to the mentioned agreement signed between the Government of the Sultanate and Marshall and Prospection Companies on 12 January 1978 and its annexes,

have decreed as follows,

Article 1

The second amendment to the mentioned Mining Concession Agreement signed between the Government of the Sultanate, represented by the Minister of Agriculture, Fisheries, Oil, and Minerals, and Marshall and Prospection Companies on 12 January 1978 and its annexes is hereby ratified.

Article 2

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

Issued on: 17 Rabi Al-Awwal 1398
Corresponding to: 25 February 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 142 issued on 1 March 1978.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Law Governing the Administrative Apparatus of the State 26/75 and its amendments,

and after perusal of the Fishing Concession Agreement signed between the Government of the Sultanate and Korean Overseas Fishing Company Limited signed on 18 December 1977,

have decreed as follows

Article 1

The Fishing Concession Agreement signed between the Government of the Sultanate of Oman and the mentioned company on 18 December 1977 is hereby ratified.

Article 2

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

Issued on: 17 Rabi Al-Awwal 1398
Corresponding to: 25 February 1978

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 142 issued on 1 March 1978.