Faris Al-Ghaithi – Decree Blog https://blog.decree.om Mon, 27 Feb 2023 12:27:41 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.2 https://i0.wp.com/blog.decree.om/wp-content/uploads/2021/12/favicon-decree.png?fit=32%2C32&ssl=1 Faris Al-Ghaithi – Decree Blog https://blog.decree.om 32 32 197035704 CPA Issues Amendments to the Consumer Protection Executive Regulation https://blog.decree.om/2023/cpa-issues-amendments-to-the-consumer-protection-executive-regulation/ Mon, 27 Feb 2023 12:24:55 +0000 https://blog.decree.om/?p=625 The Consumer Protection Authority has issued an amendment to the Executive Regulation of the Consumer Protection Law. The amendment gives authority to the ministries to propose to the Council of Ministers amendments to the Consumer Protection Regulation, and if these amendments are approved by the Council of Ministers then the CPA has a legal obligation to issue these amendments.

Prior to this amendment the Council of Ministry had the authority to propose amendments, this new amendment makes it clear that all relevant entities can propose amendments to the Council of Ministers in this regard.

You can read the amendments in full in English on the link below:

Amendment to the executive regulation to the consumer protection law
]]> 625 MOCIIP Issues National Product Brand Regulation https://blog.decree.om/2023/mociip-issues-national-product-brand-regulation/ Wed, 15 Feb 2023 13:20:03 +0000 https://blog.decree.om/?p=574 The Ministry of Commerce, Industry, and Investment Promotion issued earlier this month a regulation to govern the licensing of the national product brand that requires obtaining a licence before using the brand.

According to article 3, the brand can only be used in regard to products that achieve a minimum percentage of 20% local content. Article 8 also specifies the formula for calculating the percentage of local content by taking into account the ex-works price of the product and the value of the non-originating materials.

The licence is issued for a renewable period of 3 years. The penalties for violating the regulation include imposing a fine not exceeding 500 Rial Omani, suspending the licence for a period not exceeding 1 year, and revoking it.

You can read the regulation in full in English on the link below:

The Regulation Governing the Licensing of the National Product Brand
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