All contracts and obligations in the name of the Government of the Sultanate of Oman or on its behalf must be signed in accordance with Royal Decree 48/76 (as amended by Royal Decrees 80/94 and 23/97) or approved by a special decision of H.M. The Sultan.
Any contracts or obligations with the Government for RO 250,000 or more must be signed by two signatories, namely:
If the contracts or obligations amount to less than RO 250,000, then the Royal Decree sets out the relevant signing requirements for contracts or obligations for (i) RO 100,000 or more but less than RO 250,000, (ii) RO 50,000 or more but less than RO 100,000, and (iii) less than RO 50,000.
There are also separate signing requirements for contracts and obligations in the name of H.M. Sultan or in the name of the Government and which provide that the Government or any of The Ministries/ the Government Units/ Organisations/ General Organisation undertake any investments or provide a third party with a loan or a grant to obtain a loan from such third party or issue bonds or any debenture loan or undertake any security or other financial dealings.
In the event that these signing requirements and the other conditions set out in the Royal Decree (as amended) are not met, then such contracts or obligations with the Government shall not be recognised and shall have no legal effect in Oman.