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
Bill Document
Other Attachments
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FPED3-21-Report on the Public Finance Management (Amendment) Bill, 2021.pdf
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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
First Reading/Committee
First stage of the Bill
Second Reading
Second Stage of the Bill
Third Reading
Bill passed by Parliament
Presentation/Waiting Assent
Bill waiting to be assented by the president
Assented by President
Bill now an Act
End
Bill passed on 2021-12-20
Bill now an Act
Bill Withdrawn on