Oman Sultani Decree No. 46/2022 On the Issuance of the Securities Law

Abrogating

Oman Sultani Decree No. 80/1998 dated 09/11/1998

We, Haitham bin Tarik, Sultan of Oman,

Pursuant to the perusal of the Basic Statute of the State,

The Capital Market Law promulgated by Oman Sultani Decree No. 80/1998,

The Commercial Companies Law promulgated by Oman Sultani Decree No. 18/2019,

After referring to the Council of Oman,

And based on the public interest requirements,

Have decreed the following:

Article 1

The provisions of the enclosed Securities Law shall be applied.

Article 2

The Chairman of the Board of Directors of the Capital Market Authority shall issue the Implementing Regulation of the attached Law, within one year from the date of its entry into effect. And he shall issue the decisions necessary to implement its provisions; and until their issuance, the regulations and decisions in effect shall remain effective to the extent that is not inconsistent with the provisions of the attached Law.

Article 3