Law 1530 /2012

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	Colombia
Year	2016
RGI Edition Year	2017
Topic	Legislation and regulation, Open data, Revenue management, Revenue sharing, Sovereign wealth funds, Subnational governance
Document Type	Statute
RGI Sub-component	Sovereign wealth funds
RGI Questions	2.2.1a: Do rules specify which subnational agencies receive the extractive resource revenues transferred from the central government?, 2.2.4a: Do rules require that an external body periodically audit the transfers of extractive resource revenues to subnational governments?, 2.3a: Does the country have a natural resource fund which is funded by extractive resource revenues?, 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?, 2.3.5d: Is the legislature required to review the sovereign wealth fund's annual financial reports?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law
Publisher	SGR
Author	Congreso de la República Congreso de la República
Source or API link	http://tps://www.sgr.gov.co/Normativa/ActoLegislativoyLeyes.aspx
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute