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Law No. 8/2005 on petroleum taxation.

Pays/Territoire
Timor-Leste
Type du document
Législation
Date
2005
Source
FAO, FAOLEX
Sujet
Ressources minérales
Mot clé
Hydrocarbures Accès-à-l'information Autorisation/permis Concession Taxe/impôt
Aire géographique
Asie, Asie et Pacifique, Océan Indien, Pays les moins avances, Petits états insulaires en développement, Asie du Sud-Est
Entry into force notes
This Law enters into force on the day following the date of its publication in the Official Gazette.
Résumé

This Law is composed of 26 articles divided in seven Chapters. It sets out a specific taxation regime for petroleum activities. It applies to petroleum activities authorized and regulated under Timor-Leste’s Law on Petroleum Activities. This Law applies to the territory of Timor-Leste, including its territorial sea, and to its exclusive economic zone and continental shelf where, by international law, Timor-Leste has sovereign rights for the purposes of exploration for and exploitation of its natural resources. It applies to the Joint Petroleum Development Area, other than the area covered by the Production Sharing Contracts described in Annex F to the Timor Sea Treaty. The Minister responsible for finance shall make regulations for the effective carrying out of the provisions of this Law.

Texte intégral
Anglais
Site web
www.eastimorlawjournal.org