Ley 1530 de 2012

This document is part of the source library for NRGI's 2021 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.

Data and Resources

Additional Info

Field Value
Sector Mining
Country Colombia
Year
RGI Edition Year 2021
Topic Legislation and regulation, Open data, Revenue management, Revenue sharing, Sovereign wealth funds, State-owned enterprises, Subnational governance, Tax policy and revenue collection
Document Type PDF
RGI Sub-component
RGI Questions 1.2a: What is the fiscal system for extractive resources?,
1.2.6a: Is the government required to make all payments to the national treasury or deposit them into a national resource account, aside from amounts legally retained by SOEs?,
1.2.6b: Is the national tax authority required to audit extractive companies?,
2.2a: Does the central government transfer extractive resource revenues to subnational governments?,
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)?,
2.2c: Do rules specify that subnational governments of producing areas should receive a higher share of extractive resource revenues than those of non-producing areas?,
2.2.2a: Do rules specify a formula governing the transfer of extractive resource revenues between the central government and subnational governments?,
2.2.4a: Do rules require that an external body periodically audit the transfers of extractive resource revenues to subnational governments?,
2.3.1a: Are there numeric rules governing the size of withdrawals from the sovereign wealth fund?,
2.3.1b: Do rules require that withdrawals and spending from the sovereign wealth fund pass through the national budget?,
2.3.3b: Is the sovereign wealth fund prohibited from investing in certain asset classes or investment types?,
2.3.5c: Do rules require an external body to periodically audit the sovereign wealth fund's annual financial reports?,
2.3.5d: Is the legislature required to review the sovereign wealth fund's annual financial reports?,
5.12a: Does the sovereign wealth fund publicly disclose its governance structure?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law
Publisher
Author
Source or API link https://www.funcionpublica.gov.co/eva/gestornormativo/norma_pdf.php?i=47474
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute