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Decree-Law No. 8/96 on mining concessions to Sonangol-U.E.E over the Block 20.

Country/Territory
Angola
Document type
Legislation
Date
1996
Source
FAO, FAOLEX
Original source
Diário da República, I Série, No. 34.
Subject
Mineral resources
Keyword
Mining Concession Tax/levy Zoning
Geographical area
Africa, Central Africa, Least Developed Countries, South Atlantic
Entry into force notes
This Decree-Law enters into force on the day of its publication.
Abstract

This Decree-Law, consisting of 20 articles and 5 Annexes, regulates the concession for the Block 20 to the National Fuel Company of Angola - Economic State Unit (Sonangol-U.E.E.) of rights for mining, exploration, research, development and liquid and gas fuels within the area defined in Annex A. The Decree-Law defines the concessionary’s rights and obligations and regulates the participation of foreign companies in exploration activities. Particular attention is paid to the regulation of guaranties regarding national fuel consumption needs and the requirement of environmental protection measures for the area. Finally, the Decree-Law provides tax and custom regulation.

Full text
Portuguese
Website
www.legis-palop.org