Ecolex Logo
Le portail au
droit de l'environnement
Résultats de la recherche » Législation

Oil and Gas Revenue Management Act, No. 22 of 2015

Pays/Territoire
République-Unie de Tanzanie
Type du document
Législation
Date
2015
Source
FAO, FAOLEX
Titre complet
An Act to provide for the establishment and management of the Oil and Gas Fund, to provide for the framework for fiscal rules and management of oil and gas revenues and to provide for other related matters.
Sujet
Ressources minérales
Mot clé
Royalties/redevances Gaz naturel Hydrocarbures Fonds spécial
Aire géographique
Afrique, Afrique Orientale, Pays les moins avances
Résumé

This Act establishes the Oil and Gas Fund which consists of the Revenue Holding Account and the Revenue Saving Account and the Revenue Saving Account. The objectives of the Fund is to ensure that fiscal and macroeconomic stability is maintained; the financing of investment in oil and gas is guaranteed; social and economic development is enhanced; and resource for future generations is safeguarded. This Act charges the Minister to manage the oil and gas revenue, formulate and supervise all policy matters relating to the Fund, among others. The Act also creates responsibilities for the Bank of Tanzania in relation to the Fund. Essentially, the Tanzania Revenue Authority and National Oil Company collect oil and gas revenues due to the government.

Texte intégral
Anglais
Site web
www.parliament.go.tz