Oman: Sultan’s Decree No. 5 of 1981 Organizing Usufruct Over the Sultanate’s Lands
Title
|
Oman: Sultan’s Decree No. 5 of 1981Organizing Usufruct Over the Sultanate’s Lands
|
Date of adoption
|
13 January 1981 |
Entry into force
|
In effect |
Text versions |
Arabic
Source: – Ministry of Legal Affairs, Sultanate of Oman, accessed: 09 March 2015, http://www.mola.gov.om/mainlaws.aspx |
Abstract
|
|
In accordance with Art. 1 of this decree, the right of usufruct may not be extended to non-Omanis who are not citizens of the GCC or establishments in which the share of ownership of Omanis or GCC citizens are less than 30%, without the approval of the Council of Ministers. |
Similar Posts:
- Oman: Sultan’s Decree No. 102 of 1994 Issuing the Investment of Foreign Capital Law
- Oman: Sultan’s Decree No. 57 of 1993 Issuing Provisions Regulating Gulf Investment
- Oman: Sultan’s Decree No. 4 of 2000 Issuing the Extradition of Criminals Law
- Oman: Sultan’s Decree No. 40 of 1977Issuing the Compensation for Work Injuries and Professional Diseases Law
- Oman: Sultan’s Decree No. 69 of 1997 issuing the Omani Passport Law
Tags: Foreign & National Populations, Gulf Cooperation Council, Housing, Laws & Regulations, Oman