Sultanate of Oman - Ministry of National Economy - StratigicProjectsIndex
THE LAW FOR THE
REGULATION AND PRIVATISATION OF THE ELECTRICITY AND RELATED WATER SECTOR Sultanate of Oman - Ministry of National Economy - Privatization Water Electricity
Royal Decree 78/2004
The Law for the Regulation and Privatisation of the Electricity and Related Water Sector
We Qaboos Bin Saeed,Sultan of Oman
Pursuant to the Basic Statute of the State issued by the Royal Decree
101/96;
The Commercial Companies Law issued by the Royal Decree 4/74 as amended;
The State Administrative Apparatus Law issued by the Royal Decree 26/75 as
amended;
The Law for Expropriation of ownership for public interest issued by the
Royal Decree 64/78;
The Land law issued by the Royal Decree 5/80 as amended;
The Law organizing the Usufruct of the Lands of the Sultanate issued by the
Royal Decree 5/81;
The Companies Income Tax Law issued by the Royal Decree 47/81 as amended;
The Government Tender Law and Regulations issued by the Royal Decree 86/84
as amended;
The Law of Post Service Pensions and Gratuities of Omani Employees issued by
the Royal Decree 26/86 as amended;
The Regulations of Public Corporations and Institutions issued by the Royal
Decree 16/91 as amended;
The Foreign Capital Investment Law issued by the Royal Decree 102/94 as
amended;
The Polices and Rules of Privatisation issued by the Royal Decree 42/96;
The Arbitration Law on Civil and Commercial Disputes issued by the Royal
Decree 47/97 as amended;
The Financial Law issued by the Royal Decree 47/98 as amended;
The Capital Market Law issued by the Royal Decree 80/98 as amended;
The Rules of Privatisation of AI-Kamil power station in the east region and
Barka power and water desalination station by the Royal Decree 54/2000;
The State Financial Audit Law issued by the Royal Decree 55/2000;
The Law granting concession of Salalah Power Facility issued by the Royal
Decree 20/2001;
The Royal Decree 47/2001 making ministerial amendment;
The Royal Decree 5/2003 approving the organizational chart of the Ministry
of Housing, Electricity and Water and determining its functions;
The Labour Law issued by the Royal Decree No.35/2003;
The Privatisation Law issued by the Royal Decree No.77/2004;
And on the exigencies of public interest.
WE DECREE AS FOLLOWS:
Article 1:
The provisions of the attached Law shall apply in respect of the
regulation and privatisation of electricity and related water sector.
Article 2:
The provisions of this law shall apply to all companies and establishments
operating within the electricity and related water sector.
Article 3:
There shall be repealed all that is contrary to the attached law.
Article 4:
This Decree shall be published in the Official Gazette and shall come into force as from its publication.
Qaboos bin Saeed
Sultan of Oman
Issued on:
2nd day of Jummada Al-Thani 1425
Corresponding to:
20th day of July 2004
Royal Decree No.78/2004 promulgating The Law for the Regulation and Privatisation of the Electricity and Related Water Sector
Economical Analysis
