Oman Sultani Decree No. 48/1989 Issuing the Regulation on Ownership of Apartments and Floors

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We, Qaboos bin Said, Sultan of Oman,

Pursuant to the perusal of Oman Sultani Decree No. 75/2020 on the issuance of the Law on the Regulation of the administrative apparatus of the State, and its amendments;

Oman Sultani Decree No. 5/1980 on the issuance of the Land Law and its amendments; and

Based on the public interest requirements,

Hereby decreed the following:

Article 1

The provisions of the attached Regulation on Ownership of Apartments and Floors shall apply.

Article 2

By way of exception from the provisions of the aforementioned Land Law, “companies that are wholly owned by Omanis” may own lands to erect buildings on them with the intention of transferring their ownership.

Article 3

The Minister of Housing shall issue the decisions necessary to implement the provisions of this Decree.

Article 4

This Decree shall be published in the Official Gazette, and shall come into force from the date of its publication.

Issued on: 12/08/1409 H.

Corresponding to: 20/03/1989 H.

Qaboos bin Said

Sultan of Oman