Tanzania’s New Natural Resources Legislation: What Will Change?

The article from Nicola Woodroffe, Matt Genasci and Thomas Scurfield
Tanzania’s parliament passed three pieces of legislation on 3 and 4 July 2017 that
make significant changes to the legal and institutional frameworks governing oil,
gas and mineral extraction: (1) the Written Laws (Miscellaneous Amendments)
Act 2017 (“Amendments Act”), (2) the Natural Wealth and Resources (Permanent
Sovereignty) Act 2017 (“Sovereignty Act”) and (3) the Natural Wealth and
Resources (Revenue and Re-Negotiation of Unconscionable Terms) Act 2017
(“Contract Review Act”). The wide scope of these acts, coupled with the relatively
short period of time allowed for parliamentary and public debate, have given
stakeholders a limited opportunity to understand the full impact of the legislation

Read the full Document here http://adlg.or.tz/wp-content/uploads/2018/06/tanzanianewnaturallegislationwhatwillchange.pdf

Source: National Resource Governance Institute