Decree No. 3/2012 establishing insurance obligation for any vessels performing trade activity. Country/Territory Guinea-Bissau Document type Regulation Date 2012 Source FAO, FAOLEX Original source Boletim Oficial, Supplement, No. 42. Subject Sea Keyword Navigation Internal trade Tax/levy Transport/storage Geographical area Africa, Least Developed Countries, North Atlantic, Sahel, Small Island Developing States, Western Africa Entry into force notes This Decree enters into force on 19 October 2012. Abstract This Decree, consisting of 9 articles, establishes insurance obligation for any vessels (including fishing vessels) performing trading activity within the waters under the jurisdiction of the Republic of Guiné-Bissau. It specifies that any importation of goods for direct or indirect commercial or industrial purposes must be covered by a National insurance, issued by an insurance company, authorized to perform in Guiné-Bissau. Full text Portuguese Website www.legis-palop.org