Muscat: His Majesty Sultan Qaboos bin Said yesterday issued Royal Decree No.45/2017 promulgating the Bylaw of Oman Chamber of Commerce and Industry.
Article (1) states that the Bylaw (system) attached to this decree shall be enforced to Oman Chamber of Commerce and Industry.
Article (2) instructs the Chairman of the Board of Directors of Oman Chamber of Commerce and Industry to issue the Executive Regulation, as well as financial, administrative and other regulations and decisions necessary for the implementation of the provisions of the attached Bylaw provided that the Executive Regulation is published in the Official Gazette. Till such a time that these decisions and regulations are issued, the current decisions and regulations shall continue to be enforced, but without prejudice to the provisions of the attached Bylaw.
Article (3) cancels all that contradicts the Bylaw or contravenes with its provisions.
Article (4) says that this decree shall be published in the Official Gazette and enforced on the day following its date of publishing.