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Foreign Investment Act No.25 of 2019.

Pays/Territoire
Vanuatu
Type du document
Législation
Date
2019
Source
FAO, FAOLEX
Titre complet
An Act to provide for the establishment of the Vanuatu Foreign Investment Promotion Agency and for related matters.
Sujet
Général
Mot clé
Procédures judiciaires/procédures administratives Autorisation/permis Règlement des différends Institution Monitorage Infractions/sanctions Enregistrement Collecte de données/déclarations Fonds spécial
Aire géographique
Asie et Pacifique, Pays les moins avances, Mélanésie, Océanie, Petits états insulaires en développement, Pacifique Sud
Entry into force notes
This Act comes into force on 15 January 2020.
Résumé

This Law provides the rules for establishment the Vanuatu Foreign Investment Promotion Agency. The Agency will be in charge to advise governmental bodies on all matters related to foreign investment in Vanuatu and to promote a regulatory environment for investment, and to establish methods to assist foreign investors in obtaining permits, licences and approvals. The text lays out for the organisational structure of the Agency, and functions of different boards and officers. The Act consists of 73 Articles divided into 10 Parts as follow: Preliminary (1); Establishment of the Vanuatu foreign investment promotion agency (2); National investment activities (3); Register and annual survey of foreign investments (4); Registration of investment activities (5); Disputes (6); Investment guarantees (7); Offences and penalty notices (8); Miscellaneous provisions (9); Repeal, savings and transitional provisions (10). The text contains one Schedule divided into 3 Parts.

Texte intégral
Anglais