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Federal Law No.14 of 2017 on trading in Petroleum Products.

País/Territorio
Emiratos Árabes Unidos
Tipo de documento
Legislación
Fecha
2017
Fuente
FAO, FAOLEX
Materia
Energía, Medio ambiente gen.
Palabra clave
Hidrocarburos Protección del medio ambiente Comercio interior Comercio internacional Autorización/permiso Transporte/depósito
Área geográphica
Medio Oriente, Africa del Norte y Cercano Oriente, Golfo Pérsico
Entry into force notes
This Law enetrs into force 3 months after its publication in the Official Gazette.
Resumen

This Law consisting of 23 articles aims at (i) organising the trade of petroleum products; (ii) determining the conditions and procedures of trade of petroleum products; and (iii) combating the practices intended to harm the national economy, the security and the environmental safety related to the present Law. The application of the provisions of this Law includes free zones, special development zones and investment zones. The Law establishes that to trade petroleum products in the territory of the State must be authorized by a license issued on the Trading Authorization whose rules are established by the Minister of Energy. A register shall be created at the Ministry, in which the data of the authorized persons and the facilities and means of transportation through which the trading is made shall be recorded. A Committee for the Organisation of Trading of Petroleum Products shall be formed in each Emirate with the following main tasks (i) study the applications for issuance of the Trading Authorizations referred to it by the Competent Authority; and (ii) verify the fulfillment of the adopted security and environmental safety requirements by the means of transport, the means of manufacture and storage, and the establishments through which the trading will be done. Powers of the Competent Authority are provided for at art.7, while the Obligations of the licensee are provided for at art.13.

Texto completo
Inglés/Árabe
Página web
www.moj.gov.ae