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Petroleum Act, 2040 (1983).

País/Territorio
Nepal
Tipo de documento
Legislación
Fecha
1983 (2010)
Fuente
FAO, FAOLEX
Título completo
An Act made to provide for petroleum.
Materia
Energía
Palabra clave
Hidrocarburos Contrato/acuerdo Subvención/incentivo Infracciones/sanciones
Área geográphica
Asia, Asia y Pacifico, Naciones en desarrollo sin litoral, Países menos desarrollados, Asia Meridional
Resumen

This Act provides for the development of petroleum resources within Nepal. The Government of Nepal shall have the exclusive right on all petroleum found in Nepal, and shall have the exclusive right to carry out petroleum operations. The Act grants rights and benefits to contractors who enter into a petroleum agreement with the Government of Nepal including: the right to export entitlement of petroleum; exemption from all taxes and fees except a royalty of not less than 12.5 percent to be prescribed on the value of petroleum sold or disposed of; exemption from custom duties on imported goods; and right to use land. Penal provisions are also contained in the Act.

Texto completo
Inglés
Página web
www.lawcommission.gov.np

Referencias - Legislación

Implementado por

Petroleum Rules, 2041 (1985).

Legislación | Nepal | 1985 (2005)

Palabra clave: Hidrocarburos, Contrato/acuerdo, Subvención/incentivo, Institución, Inspección

Fuente: FAO, FAOLEX