Oman Ministerial Decision No. 5/1980 On the Implementing Regulation of the Insurance Companies Law

Copyright © 2025 LexisNexis. All rights reserved.

*[1]*[2]*[3]

Amended by

Oman Ministerial Decision No. 1/1988 dated 03/01/1988

Oman Ministerial Decision No. 158/1989 dated 04/11/1989

Oman Ministerial Decision No. 60/1998 dated 23/05/1998

Oman Ministerial Decision No. 102/2002 dated 24/07/2002

Oman Decision No. 3/2006 dated 04/07/2006

Oman Decision No. K/19/2007 dated 04/06/2007

Oman Decision No. K/42/2008 dated 23/11/2008

Oman Decision No. K/18/2022 dated 30/01/2022

The Minister of Commerce and Industry,

Having perused the Law on the Regulation of the Administrative Apparatus of the State of 1975 and its amendments;

Oman Sultani Decree No. 12/1979 promulgating the Insurance Companies Law;

Oman Ministerial Decision No. 21/1979,

And based on the public interest requirements,

Decided the following:

Chapter 1 - Definitions and Conditions

Article 1

The following terms mentioned in this Decision shall have the meanings stated beside each of them, unless another meaning is expressly specified: