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 titleAn 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