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Decree on the methodology for distribution of funds realized as income from the fee for production of energy from fossil fuels.

Country/Territory
North Macedonia
Document type
Regulation
Date
2008
Source
FAO, FAOLEX
Subject
Energy, Environment gen.
Keyword
Liability/compensation Energy conservation/energy production Environmental fees/charges Royalties/fees Financing Oil Tax/levy
Geographical area
Europe, Europe and Central Asia, Landlocked Developing Nations, Southern Europe
Entry into force notes
This text entered into force on 24 January 2008.
Abstract

This Decree, based on the provisions of the Law on environment, prescribes the methodology for distribution of funds realized as income deriving from fees paid for production of energy from fossil fuels. These funds, realized on the basis of compensation for production of energy from fossil fuels, will be distributed by the Government no later than 30 days after the announcement of the Budget. The distribution of these shall be done in accordance with the following criteria: the area of the municipality where production of energy from fossil fuels is performed and taxed; the number of inhabitants in such municipality; the number of inhabitants of neighboring municipalities; consideration of area of neighboring municipalities. The methodology for distribution of funds realized as compensation income for fossil fuel energy production is based on principles of simplicity and transparency.

Full text
Macedonian
Website
www.moepp.gov.mk

References - Legislation

Implements

Law on Environment.

Legislation | North Macedonia | 2005

Keyword: Framework law, Basic legislation, Ecosystem preservation, Protection of environment, Environmental standards, Monitoring, Pollution control, EIA, Cultural heritage, Standards, Freshwater pollution, Sustainable development

Source: FAO, FAOLEX