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Law No. 16/2022 amending article 48 of Law on Oil No. 21/2014.

Country/Territory
Mozambique
Document type
Legislation
Date
2022
Source
FAO, FAOLEX
Original source
Boletim da Republica, I Série, No. 244.
Subject
Mineral resources
Keyword
Community management Management/conservation Mining Tax/levy Oil
Geographical area
Africa, Eastern Africa, Indian Ocean, Least Developed Countries
Entry into force notes
This Law enters into force on the day of its publication.
Abstract

This Law amends article 48 of Law on Oil No. 21/2014 of 18 August. New article 48 deals with local development as follows: 1. 10% of the tax revenues generated by the petroleum production is destined to the development of the province, district and local communities where the respective oil projects are implemented; 2. The Government is responsible to regulate the allocation and management of the above mentioned percentage.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Amends

Law No. 21/2014 on Oil.

Legislation | Mozambique | 2014

Keyword: Authorization/permit, Basic legislation, Concession, Energy conservation/energy production, Environmental standards, Inspection, Legal proceedings/administrative proceedings, Natural gas, Oil, Mining, Standards, Protection of environment, Management/conservation, Radiation, Pollution control, Hazardous waste

Source: FAO, FAOLEX