Oman Central Bank Circular No. BM904/2000
Oman Sultani Decree No. 111/2000, Amending Some Provisions of the Law of Bank Deposits Insurance Scheme
To: BDIS Member Banks
Subject: Oman Sultani Decree No. 111/2000, Amending Some Provisions of the Law of Bank Deposits Insurance Scheme.
After compliments,
Please find attached herewith a copy of Royal Decree No. 111/2000 on amendment of the first paragraph of Article 7 of Oman Law No. 9/1995 the Law of Bank Deposits Insurance Scheme.
The Decree was published in the Official Gazette No. 683 issued on 15 November, 2000.
It should be noted that the annual insurance premium shall be computed, till further notice, at the rate of 0.03% as previously fixed by Oman Central Bank Circular No. BM897/2000 dated 9 October, 2000
Oman Sultani Decree No. 111/2000 - Amending Some Provisions of the Law of Bank Deposits Insurance Scheme Issued by Oman Sultani Decree No. 9/1995
We Qaboos Bin Said Sultan of Oman
After perusal of The Basic Statute of The State issued by Oman Sultani Decree No. 101/1996,
And The Banking Law Oman Law No. 7/1974 as amended,
And The Law of Bank Deposits Insurance Scheme Oman Sultani Decree No. 9/1995,
And in accordance with public interest