Oman Decision No. 44/2023 On the Issuance of the Functioning System of Oman Commercial Arbitration Centre
Abrogating:
Oman Decision No. 37/2019 dated 01/07/2019
By virtue of Oman Sultani Decree No. 26/2018 on the Establishment of Oman Commercial Arbitration Centre;
And the Functioning System of Oman Commercial Arbitration Centre issued by Oman Decision No. 37/2019;
And based on the public interest requirements,
The following has been decided:
Article 1
The provisions of the Functioning System of Oman Commercial Arbitration Centre herewith attached shall apply.
Article 2
The Chairman of the Board of Directors of Oman Commercial Arbitration Centre shall issue - following the approval of the Board - the arbitration rules and other Alternative Means rules, regulations and decisions necessary for the implementation of the provisions of the attached System.
Article 3
Aforementioned Oman Decision No. 37/2019 shall be abrogated, and any provisions deemed contrary to or inconsistent with the provisions of the attached System shall be abrogated.
Article 4
This Decision shall be published in the Official Gazette and shall come into force from the date of its issuance.