Law on Minerals

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 81 oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

Additional Info

Field Value
Extractive Sector Mining
Country Lao People's Democratic Republic
Year 2011
Natural Resource Charter Precept Precept 1: Strategy, Consultation and Institutions, Precept 2: Accountability and Transparency, Precept 3: Exploration and License Allocation, Precept 4: Taxation, Precept 5: Local Effects, Precept 7: Revenue Distribution, Precept 8: Revenue Volatility, Precept 9: Government Spending
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?,
1.1.8a: From 2015 onwards, have senior public officials publicly disclosed their financial holdings in extractive companies?,
1.1.7b: Do rules require public disclosure of beneficial owners of extractive companies?,
1.1.8b: From 2015 onwards, have the beneficial owners of extractive companies been disclosed?,
1.1b: Who is the licensing authority (i.e. who has the authority to grant exploration and extraction rights to companies)?,
1.1.3d: Is the licensing authority independent from the SOE?,
1.1.10d: Is the legislature required to ratify licenses/contracts?,
1.2.5c: Do rules specify the level of state equity (or options for state equity such as carried interest) in extractive companies ?,
1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?,
2.2b: Are there specific rules governing the transfer of extractive resource revenues (i.e. are these rules distinct from those governing other types of transfers)?,
2.3a: Does the country have a natural resource fund which is funded by extractive resource revenues?,
2.3b: If there are multiple natural resource funds, which is the largest?
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 National Assembly
Author
Source or API link http://laoofficialgazette.gov.la/
Version 2017 Resource Governance Index
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute