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Law No. 7.990 establishing for the States, Federal District and Municipalities, a financial compensation for the result of the exploitation of oil or natural gas, water resources for the purpose of generating electric energy, mineral resources in their respective territories.

País/Territorio
Brasil
Tipo de documento
Legislación
Fecha
1989 (2017)
Fuente
FAO, FAOLEX
Materia
Energía
Palabra clave
Hidrocarburos Gas natural Responsabilidad/indemnización Producción de energía hidroeléctrica Conservación de energía/producción de energía
Área geográphica
Amazona, Americas, América Latina y el Caribe, Atlántico Norte, América del Sur, Atlántico Sur
Entry into force notes
This Law enters into force on the date of its publication.
Resumen

This Law, consisting of 12 articles, establishes for the States, Federal District and Municipalities, a financial compensation for the result of the exploitation of oil or natural gas, water resources for the purpose of generating electric energy, mineral resources in their respective territories, continental shelf, territorial sea or exclusive economic zone, and other measures. (Article 21, XIX of the CF). It establishes the amount of the financial compensation which will correspond to a percentage factor of the energy value included in the invoice, excluding taxes and compulsory loans. The hydroelectric energy, for the private use of a producer, when used for external use of public service, shall also be recorded with the application of a factor of 6% (six percent) of the electric energy value corresponding to the billing calculated therein conditions and prices of the local public service concessionaire. It is the responsibility of the National Department of Water and Electric Energy (DNAEE) to fix, on a monthly basis, based on the current supply tariffs, an updated reference tariff for the purpose of applying financial compensation in a uniform and equalized manner over all hydroelectricity produced in the country.

Texto completo
Portugués
Página web
www.planalto.gov.br