Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Petroleum Production Levy and Subsidy Act (Chapter 62:02).

Country/Territory
Trinidad and Tobago
Document type
Legislation
Date
1974 (2011)
Source
FAO, FAOLEX
Original source
Ministry of Legal Affairs.
Long title
An Act respecting the provision for petroleum products and the imposition of a levy on persons carrying on production business.
Subject
Energy, Mineral resources
Keyword
Energy conservation/energy production Subsidy/incentive Special fund Minerals Oil Tax/levy
Geographical area
Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States
Abstract

This Act establishes the Petroleum Products Subsidy Fund, which shall be managed by the Minister of Finance. The Act also imposes a petroleum production levy, the moneys of which shall be deposited in the Fund and provides for financial support in the form of subsidies to the petroleum refining or marketing business.

Full text
English
Website
rgd.legalaffairs.gov.tt