Petroleum Act, 2040 (1983). País/Territorio Nepal Tipo de documento Legislación Fecha 1983 (2010) Fuente FAO, FAOLEX Título completoAn 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