Law No. 8/2004 on oil resources. País/Territorio Santo Tomé y Príncipe Tipo de documento Legislación Fecha 2004 Fuente FAO, FAOLEX Materia Recursos minerales Palabra clave Hidrocarburos Legislación básica Ordenación/conservación ZEE-Zona Económica Exclusiva Planificación ambiental Exploración Fondo especial Política/planificación Investigación Autorización/permiso Zona marítima Área geográphica Africa, Africa Central, Países menos desarrollados, Pequeños estados insulares en desarrollo Entry into force notes This Law enters into force five days after its publication. Resumen This Law, composed of 33 articles divided in six Chapters, regulates management, use and control of national oil resources. In particular, it regulates bank accounts set-up for oil activities purposes, and establishes a permanent fund operating at national level for financing oil extraction and other related activities. Moreover, the Law defines a Policy for Oil Management and Research and regulates monitoring and control activities. Particular attention is paid to tender and concession procedures in oil resources management, requiring transparency and public access to information. Finally, the Law provides applicable sanctions and penalties. Texto completo Portugués Página web www.earthinstitute.columbia.edu