Decree BlogOman’s first ever Public Debt Law was promulgated last week and was made available to the public in the Official Gazette today. This new law mostly provides a general governance framework of how the government plans to make decisions regarding the management of public debt and introduces a limited set of actual controls on government debt.
The full-text of the new Tourism Law was published in the Official Gazette today replacing the old Tourism Law of 2002. The new law simplifies the legal framework for tourism by abolishing the National Tourism Committee as well as the Tourism Development Fund, consolidates the various concepts for tourism offices and tour guides into tourism activities, removes references to the timeshare system, and increases the value of the fines that can be imposed against those who violate the law.
The Ministry of Heritage and Tourism (MOHT) published in this week’s Official Gazette Ministerial Decision 1152/1/2/255/2023 Amending Some Provisions of the Executive Regulation of the Tourism Law. This decision amends article 117 of the regulation concerning tourism fee fines.
The Civil Aviation Authority (CAA) published in this week’s issue of the Official Gazette a new Regulation Governing the Activity of Unmanned Aerial Vehicles (Drones) that replaces the Regulation Governing Practising the Aerial Activity and Aerial Works Using an Unmanned Aerial Vehicle of 2020.
The Capital Market Authority (CMA) published in this week’s issue of the Official Gazette a new Regulation Governing Electronic Linkage of the Health Insurance System that sets the legal framework for using its Dhamani electronic insurance system.
The Central Bank of Oman (CBO) published in this week’s issue of the Official Gazette a new Regulation of the Returned Direct Debit and Cheques System that replaces the Regulation of the Returned Cheques System of 2007.
The Capital Market Authority published in this week’s issue of the Official Gazette the Regulation Governing Electronic Insurance Operations. This regulation introduces new additional approval requirements for insurance companies and brokers wishing to provide their services on the internet. For example, Bima.om will now be required to comply with this regulation.
The Ministry of Interior published in this week’s issue of the Official Gazette the Executive Regulation of the Members of Majlis Al-Shura Elections Law. This new regulation provides implementation details for the recently issued Members of Majlis Al-Shura Elections Law.
The Tender Board published in today’s issue of the Official Gazette a brand new Regulation Governing Consolidated Procurement that requires government entities subject to the Tender Law to procure certain works and services through a new consolidated procurement procedure. The aim of this new procedure is to optimise government spending by obtaining better rates for routine works and services through consolidated purchases instead of procuring them individually by each government entity in an ad hoc manner.
The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) published a new Governance Regulation for Electronic Commerce in this week’s issue of the Official Gazette to regulate online stores.