Oman Ministerial Decision No. 232/2018 On the Registration in the Register of Beneficiaries at the Ministry of Finance

Amended by virtue of

Oman Ministerial Decision No. 34/2021 dated 11/04/2021

Oman Ministerial Decision No. 70/2023 dated 23/03/2023

Based on the Financial Law issued by Oman Sultani Decree No. 47/1998;

The Implementing Regulation of the Financial Law issued by Oman Ministerial Decision No. 118/2008; and

Based on the public interest requirements,

The following Decision was issued:

Article 1

In the implementation of the provisions of this Decision, the Beneficiary means: Every physical or juristic person contracting with any unit of the State Administrative Apparatus in return for payment, and the entitlements thereof are transferred to the bank account that is linked to the number of the Beneficiary registered in the Register.

In the implementation of this Decision, the Register means: The Register that is included in the Financial System of the Ministry of Finance, and that includes the numbers of Beneficiaries.

Article 2