Law 12351

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	Oil and Gas
Country	Brazil
Year	2010
RGI Edition Year	2017
Topic	Contract transparency and monitoring, Licensing and negotiation, Revenue management, Revenue sharing, Sovereign wealth funds, Subnational governance
Document Type	Statute
RGI Sub-component	Open data
RGI Questions	1.1.5c: Following the licensing process, is the licensing authority required to publicly disclose the list of areas or blocks allocated?, 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?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law
Publisher	Planalto
Author	Luiz Inacio Lula da Silva
Source or API link	http://www.planalto.gov.br/ccivil_03/_Ato2007-2010/2010/Lei/L12351.htm
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute