Bill Progress

Object of the Bill

The purpose of this bill is to amend the Public Finance Management Act, 2015, to allow the National Oil Company (UNOC) to retain the portion of the proceeds from the sales of petroleum accuring from the Government participating interest in the Production Sharing Agreements to meet Government and UNOC obligation in Tarrif and Transportation Agreement (TTA), the Production Sharing Agreements (PSAs), the Joint Operating Agreements

Other Attachments

1 FPED3-21-Report on the Public Finance Management (Amendment) Bill, 2021.pdf
Title: Report on the Public Finance Management (Amendment) Bill, 2021
Author: Parliamentary Committee on Finance, Planning and Economic Development

The Public Finance Management (Amendment) Bill, 2021

Sponsored By Hon. Amos Lugoloobi (Minister of Finance, Planning and Economic Development)

Committee: The Committee on Finance, Planning and Economic Development

Start

2021-10-05

First Reading/Committee

First stage of the Bill

2021-12-14

Second Reading

Second Stage of the Bill

2021-12-14

2021-12-14

Third Reading

Bill passed by Parliament

2021-12-17

Presentation/Waiting Assent

Bill waiting to be assented by the president

2021-12-17

2021-12-20

Assented by President

Bill now an Act

End

Bill passed on 2021-12-20

Bill now an Act

Bill Withdrawn on

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