AN ACT ESTABLISHING THE LIBERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (LEITI)

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

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Field	Value
Sector	Mining
Country	Liberia
Year	2010
RGI Edition Year	2017
Topic	Beneficial ownership, Contract transparency and monitoring, Licensing and negotiation, Mandatory payment disclosure, Tax policy and revenue collection
Document Type	Statute
RGI Sub-component	Licensing
RGI Questions	1.1.9a: Is the government required to publicly disclose all signed licenses/contracts with extractive companies?, 1.1.7a: Are senior public officials required to publicly disclose their financial holdings in extractive companies?, 1.1.7b: Do rules require public disclosure of beneficial owners of extractive companies?, 1.1.3b: Prior to each licensing process, is the licensing authority required to disclose a list of biddable terms or negotiable terms?, 1.1.4c: From 2015 onwards, and prior to each licensing process, did the licensing authority actually disclose the rules governing the licensing process, such as auction or negotiation rules?, 1.1.5a: Following each licensing process, is the licensing authority required to disclose the list of companies that submitted license applications (in the case of a first-come, first served; or negotiation round) or bids (in the case of an auction)?, 1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?, 1.2.4a: Does the government publicly disclose data on the value of tax/payment receipts?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law and Practice (Both)
Publisher	Government of Liberia (GoL) MINISTRY OF FOREIGN AFFAIRS
Author	MINISTRY OF FOREIGN AFFAIRS MONROVIA, LIBERIA
Source or API link	http://rgi.nrgi-assessment.org/api/public/documents/LBR-2016-MI
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute