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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 292/2023 Abolishing Some Fees of Services Provided by the Ministry of Commerce, Industry, and Investment Promotion


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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 265/2023 Issuing the Regulation Governing the Practice of the Activity of Consumer Cooperative

Arabic

Based on the Commercial Companies Law promulgated by Royal Decree 18/2019,

the System of the Administrative Apparatus of the State promulgated by Royal Decree 75/2020,

and Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply to the governance of the practice of the activity of consumer cooperative.

Article II

This decision shall be published in the Official Gazette, and comes into force after 90 (ninety) days from the date of its publication.

Issued on: 14 Ramadan 1444
Corresponding to: 5 April 2023

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1488 issued on 9 April 2023.


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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 259/2023 Amending Some Provisions of Ministerial Decision 111/2021 Forming the Committee for Registration in the Accountants and Auditors Register and Determining Its Working System

Arabic Based on the Law Regulating the Accounting and Auditing Profession promulgated by Royal Decree 77/86, Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure, and Ministerial Decision 111/2021 Forming the Committee for Registration in the Accountants and Auditors Register and Determining Its Working System, and in pursuance of public interest,

it is hereby decided

Article I

Clause 1 of article I of the aforementioned Decision Forming the Committee for Registration in the Accountants and Auditors Register and Determining Its Working System is hereby replaced with the following clause:

1. Vice-President of the Insurance Sector in the Capital Market Authority as chairman.

Article II

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication. Issued on: 7 Ramadan 1444 Corresponding to: 29 March 2023

Qais bin Mohammed bin Moosa Al-Yousef Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1487 issued on 2 April 2023.
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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 250/2023 Determining the Fees of Restructuring Applications for the Merchant Debtor

Arabic

Based on the Bankruptcy Law promulgated by Royal Decree 53/2019,

Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

The fee for restructuring applications of the merchant debtor is hereby determined at 10 (ten) Rial Omani.

Article II

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

Issued on: 29 Sha’ban 1444
Corresponding to: 22 March 2023

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1486 issued on 26 March 2023.

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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 67/2023 Deeming an Omani Standard Specification Binding

Arabic

Based on Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and Ministerial Decision 12/2012 Adopting the Gulf Technical Regulation 246/2011 regarding the Labels of Tobacco Products Packaging as a Binding Omani Standard Specification,

and in pursuance of public interest,

it is hereby decided

Article I

Omani Standard Specification OS 1655:2022 for Plain Packaging of Tobacco Products is hereby deemed a binding Omani standard specification.

Article II

An administrative fine not exceeding 1,000 (one thousand) Rial Omani shall be imposed on anyone who violates the provisions of this decision, and the fine shall be doubled if the violation is repeated.

Article III

The aforementioned Ministerial Decision 12/2012 is hereby repealed, as well as all that is contrary to this decision or in conflict with its provisions.

Article IV

This decision shall be published in the Official Gazette, and comes into force after the lapse of 6 (six) months from the date of its publication.

Issued on: 23 Rajab 1444
Corresponding to: 14 February 2023

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1483 issued on 5 March 2023.

Categories
Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 62/2023 Issuing the Regulation Governing the Licensing of the National Product Brand

Arabic

Based on Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply in regard to governing the licensing of the national product brand.

Article II

Those addressed by the provisions of the attached regulation shall rectify their status within 1 (one) year from the date of its entry into force.

Article III

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

Issued on: 18 Rajab 1444
Corresponding to: 9 February 2023

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1480 issued on 12 February 2023.


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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 45/2023 Deeming a Gulf Standard Specification as a Binding Omani Standard Specification

Arabic Based on Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure, and in pursuance of public interest,

it is hereby decided

Article I

The Gulf standard GSO 2698:2022 for the technical requirements for electric vehicles is hereby deemed as a binding Omani standard specification.

Article II

An administrative fine not exceeding 1,000 (one thousand) Rial Omani shall be imposed on anyone who violates the provisions of this decision, and the fine shall be doubled if the violation is repeated.

Article III

This decision shall be published in the Official Gazette, and comes into force after the lapse of 3 (three) months from the date of its publication. Issued on: 10 Rajab 1444 Corresponding to: 1 February 2023

Qais bin Mohammed bin Moosa Al-Yousef Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1479 issued on 5 February 2023.
Categories
Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 630/2022 Issuing the Regulation Governing the Procedures for Identifying the Beneficial Owner

Arabic

Based on the Commercial Register Law 3/74,

the Commercial Law promulgated by Royal Decree 55/90,

the Law of Anti-money Laundering and Counter-terrorist Financing promulgated by Royal Decree 30/2016,

the Commercial Companies Law promulgated by Royal Decree 18/2019,

the Foreign Capital Investment Law promulgated by Royal Decree 50/2019,

and Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply in regard to the governance of the procedures for identifying the beneficial owner.

Article II

Commercial companies shall rectify their status in accordance with the provisions of the attached regulation within one month from the date of its entry into force.

Article III

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

Issued on: 4 Jumada Al-Akhirah 1444
Corresponding to: 28 December 2022

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1474 issued on 1 January 2023.


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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 621/2022 Issuing the Regulation on the Supervision of Accounting and Auditing Offices and Firms and Precious Metals and Valuable Gemstones Establishments and Firms regarding Anti-money Laundering and Counter-terrorist Financing

Arabic

Based on the Law Regulating the Accounting and Auditing Profession promulgated by Royal Decree 77/86,

the Law on the Control of Precious Metals promulgated by Royal Decree 109/2000,

the Law of Anti-money Laundering and Counter-terrorist Financing promulgated by Royal Decree 30/2016,

Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

the Regulation on the Procedures for Implementing the Security Council Resolutions Issued under Chapter VII of the Charter of the United Nations on the Prevention and Suppression of Terrorism and Its Financing and on the Prevention, Suppression, and Obstruction of the Proliferation of Weapons of Mass Destruction and Its Financing issued by Decision 1/2021,

and Ministerial Decision 198/2021 Issuing the Regulation on the Supervision of Accountants, Auditors, Accounting and Auditing Offices and Firms and Precious Metals and Valuable Gemstones Establishments and Firms regarding Anti-money Laundering and Counter-terrorist Financing,

it is hereby decided

Article I

The attached Regulation on the Supervision of Accounting and Auditing Offices and Firms and Precious Metals and Valuable Gemstones Establishments and Firms regarding Anti-money Laundering and Counter-terrorist Financing shall apply.

Article II

Accounting and auditing offices and firms and precious metals and valuable gemstones establishments and firms shall rectify their status in accordance with the provisions of the attached regulation within one month from the date of its entry into force.

Article III

The aforementioned decision 198/2021 is hereby repealed, as well as all that is contrary to the attached regulation or in conflict with its provisions.

Article IV

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

Issued on: 28 Jumada Al-Awwal 1444
Corresponding to: 22 December 2022

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1473 issued on 25 December 2022.


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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 619/2022 Issuing the Regulation Governing the Practice of the Activity of Marketing and Promotion on Internet Websites and Social Media

Arabic

Based on the Commercial Register Law 3/74,

the Commercial Law promulgated by Royal Decree 55/90,

and Royal Decree 97/2020 Amending the Name of the Ministry of Commerce and Industry to the Ministry of Commerce, Industry, and Investment Promotion, Determining Its Competences, and Adopting Its Organisational Structure,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply in regard to the governance of the practice of the activity of marketing and promotion on internet websites and social media.

Article II

Those addressed by the provisions of the attached regulation shall rectify their status in accordance with its provisions within 6 (six) months from the date of its entry into force.

Article III

This decision shall be published in the Official Gazette, and comes into force after 90 (ninety) days from the date of its publication.

Issued on: 27 Jumada Al-Awwal 1444
Corresponding to: 21 December 2022

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1473 issued on 25 December 2022.


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