Oman Ministerial Decision No. 90/2023 Granting Small and Medium Enterprises the Usufruct Right on State-Owned Lands

Abrogates

Oman Ministerial Decision No. 12/2016 dated 24/01/2016

Based on the Land Law issued by Oman Sultani Decree No. 5/1980;

Oman Sultani Decree No. 5/1981 regulating the usufruct right over the lands of the Sultanate of Oman;

The Implementing Regulation of the Law regulating the right of usufruct over the lands of the Sultanate issued by Oman Sultani Decree No. 88/1982;

The Regulation of the Real Estate Register issued by Oman Sultani Decree No. 2/1998;

The Implementing Regulation of the Real Estate Register issued by Oman Ministerial Decision No. 29/1999;

Oman Ministerial Decision No. 12/2016 granting small and medium enterprises the right of usufruct on state-owned lands;

After the approval of the Council of Ministers; and

Based on the public interest requirements,

The following Decision was issued:

Article 1

Small and medium enterprises shall be granted the right of usufruct on state-owned lands, according to the provisions and controls stipulated in the Law Regulating the Usufruct over the Lands of the Sultanate of Oman and its Implementing Regulation.

Article 2