Petroleum Revenue Management Act (ACT 815)

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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Petroleum Revenue Management Act (ACT 815)PDF
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Field	Value
Sector	Oil and Gas
Country	Ghana
Year	2011
RGI Edition Year	2017
Topic	Legislation and regulation, Open data, Revenue management, Sovereign wealth funds, Tax policy and revenue collection
Document Type	Statute
RGI Sub-component	Sovereign wealth funds
RGI Questions	2.1.4d: For the most recently completed fiscal year, did the government publicly disclose the total resource revenue received?, 2.3.1b: Do rules require that withdrawals and spending from the sovereign wealth fund pass through the national budget?, 2.3.3a: Is the sovereign wealth fund prohibited from investing in domestic assets without budgetary approval?, 2.3.3b: Is the sovereign wealth fund prohibited from investing in certain asset classes or investment types?, 2.3.5a: Is the sovereign wealth fund required to produce annual financial reports?, 2.3.5b: Is the sovereign wealth fund required to publicly disclose these annual financial reports?, 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?
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	Parliament
Author	Parliament
Source or API link	http://rgi.nrgi-assessment.org/api/public/documents/GHA-2016-HY
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute