Royal Decree No. 65/2007
Amending some provisions of the system of rules of Non-Omanis ownership of Real Estate in integrated tourism complexes issued by Royal Decree No.12/2006
We, Qaboos bin Said, Sultan of Oman
Having perused the Basic Law of the State promulgated by Royal Decree No. 101/96,
The Real Estate Register system issued by Royal Decree No. 2/98,
The Tourism Law issued by Royal decree No. 33/2002,
The regulations governing ownership of Real Estate by GCC citizens in the member states issued by Royal decree No. 21/2004
The Royal Decree No. 95/2005 laying down the powers and approving the organizational chart of the Ministry of Tourism,
The system of rules of Non-Omanis ownership in integrated tourism complexes issued by Royal Decree No.12/2006,
And pursuant to the exigency of public interest,
We have decreed the following:
The phrase “ Non-Omani ownership of Real Estate in integrated tourism complexes shall be replaced by the phrase “ Ownership of Real Estate in integrated tourism complexes” wherever it appears in the cited Royal Decree 12/2006, the system of rules attached thereto and other laws.
The attached amendments shall be made to the system of rules of Non-Omanis ownership of Real Estate in integrated tourism complexes issued by the referred to Royal Decree No.12/2006.
The Minister of Tourism shall, with the assent of the Ministry of Housing, Electricity and Water and relevant municipalities, set forth the Development Control Plan and the by-laws pertinent to the rules and regulations of Real Estate in integrated tourism complexes.
Apropos projects of integrated tourism complexes, the provisions of the sanctioned Development Agreement applicable to each of these complexes shall be valid and legally binding.
This Decree shall be published in the official gazette and shall take effect from the day following the date of its publication.
Issued on: 3rd July 2007
Qaboos bin Said
Sultan of Oman