Revenue Law

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.

Data and Resources

Additional Info

Field Value
Sector Oil and Gas
Country United Arab Emirates
Year 2011
RGI Edition Year 2017
Topic Commodity prices, Legislation and regulation, Open data, Revenue management, Revenue sharing, Sovereign wealth funds, State-owned enterprises, Subnational governance, Tax policy and revenue collection
Document Type Statute
RGI Sub-component State-owned enterprises
RGI Questions 1.4.7b: Are there rules that determine the prices at which the SOE should sell its production?,
1.4.7c: Are there rules that govern how the proceeds from the sale of the SOE's production should be transferred to the government?,
1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?,
1.4.3c: Is the SOE required to submit annual reports to the legislature on its commercial, non-commercial (i.e. regulatory) and non-operational activities (i.e. activities not related to resource extraction)?,
2.1.2a: Does the country have a numerical fiscal rule?,
2.2.3b: How up-to-date is the information publicly disclosed by the central government on the amount of revenues transferred to subnational governments?,
2.3.2d: From 2015 onwards, has the government adhered to the numeric rules governing the size of deposits into the sovereign wealth fund?,
2.3.3a: Is the sovereign wealth fund prohibited from investing in domestic assets without budgetary approval?,
2.3.5a: Is the sovereign wealth fund required to produce annual financial reports?,
2.3.6a: Does the sovereign wealth fund publicly disclose its 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 Ministry of Finance
Author
Source or API link http://rgi.nrgi-assessment.org/api/public/documents/ARE-2016-HY
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute