Last edited by Kajill
Friday, August 7, 2020 | History

3 edition of legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago found in the catalog.

legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago

Vernetta Calvin-Smith

legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago

by Vernetta Calvin-Smith

  • 236 Want to read
  • 0 Currently reading

Published by Institute of International Relations, University of the West Indies in St. Augustine, Trinidad & Tobago, West Indies .
Written in English

    Places:
  • Trinidad and Tobago.
    • Subjects:
    • Petroleum law and legislation -- Trinidad and Tobago.,
    • Investments, Foreign -- Law and legislation -- Trinidad and Tobago.

    • Edition Notes

      Statementby Vernetta Calvin-Smith.
      Classifications
      LC ClassificationsKGX372 .C35 1979
      The Physical Object
      Paginationxvii, 248 p., [1] folded leaf of plates :
      Number of Pages248
      ID Numbers
      Open LibraryOL3817056M
      LC Control Number81125741

      legal notice no republic of trinidad and tobago the petroleum act, chap. regulations made by the president under section 29 of the petroleum act and subject to negative resolution of parliament the petroleum (amendment) regulations, 1. these regulations may be cited as the petroleum . With an experienced team of tax litigation lawyers versed in current and upcoming tax laws, M. Hamel-Smith & Co. is a leading tax litigation firm in Trinidad and Tobago that can advise on tax litigation strategies while seeking its clients’ best interests.

      Principal Petroleum Legislation, Licencing Framework and State Authority for Upstream Petroleum Operations. The petroleum industry, which is Trinidad and Tobago’s largest and most important industry is governed principally by the Petroleum Act, Chap. (“the Act”) and the Petroleum Regulations, Chap. (“the Regulations”). Revised Laws Of Trinidad and Tobago - now updated to 31st December, Law revision is of cardinal importance to the administration of justice and the work of the Parliament. The constant revision of the laws must also be viewed in light of Government's policy to encourage foreign investment, as investors must have accurate and up to date.

      Trinidad and Tobago follows English common law, widely considered efficient in response to foreign arbitral awards. Post is not aware of any investment disputes that have been tried in TT courts. There is no history of extrajudicial action against foreign investors. Economy of Trinidad and Tobago Trinidad and Tobago has one of the highest per capita incomes in Latin America; in fact, it is the most industrialized economy in the English-speaking Caribbean. It is the leading Caribbean producer of oil and gas, and its economy is mainly based upon these resources.


Share this book
You might also like
Rupert and the curious car

Rupert and the curious car

properties of advanced alumimium alloy systems.

properties of advanced alumimium alloy systems.

economic history of China

economic history of China

New Gallery

New Gallery

Ring-Opening Polymerization

Ring-Opening Polymerization

ladies of the corridor

ladies of the corridor

immigration handbook

immigration handbook

Distress selling and asset market feedback

Distress selling and asset market feedback

Issues for developing state emergency conservation plans

Issues for developing state emergency conservation plans

London Magazine

London Magazine

National emergency steels

National emergency steels

Special police force in colonial Bengal

Special police force in colonial Bengal

Legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago by Vernetta Calvin-Smith Download PDF EPUB FB2

LAWS OF TRINIDAD AND TOBAGO L.R.O. Note on section 39 The former section 38(2) of this Act (replaced by the present section 39) provided for the Ordinances mentioned in that section to continue to operate in relation to petroleum “until Regulations are made under section 29 with respect to any matter contained” in these Ordinances.

Legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago. Augustine, Trinidad & Tobago, West Indies: Institute of International Relations, University of the West Indies, © (OCoLC) Material Type: Thesis/dissertation: Document Type: Book: All Authors / Contributors: Vernetta Calvin-Smith.

Foreign Investment Chap. 5 LAWS OF TRINIDAD AND TOBAGO L.R.O. “local public company” means a public company, within the meaning of the Companies Act, that is incorporated in Trinidad and Tobago but does not include a company in which the State is the majority shareholder; “member of a company” includes any person entitled under the.

HEAD OFFICE Levels 9, 11 to 17 Nicholas Tower, Independence Square, Port of Spain, Trinidad and Tobago, W.I Phone: () Fax: () Email: [email protected] CONSUMER AFFAIRS DIVISION.

If you are planning to invest in the energy sector, you will need legal guidance from an experienced Energy, Oil and Gas Legal Advisor in Trinidad and Tobago.

Hamel-Smith & Co., has been involved in Trinidad and Tobago’s energy sector of from its inception and has developed extensive expertise in. As the largest oil and natural gas producer in the Caribbean, Trinidad and Tobago’s hydrocarbon sector moved from an oil dominant to a mostly natural gas based sector in the early s.

Trinidad and Tobago houses one of the largest natural gas processing facilities in the Western Hemisphere. 1) A person shall not without the licence of the President hold land in Trinidad and Tobago or shares in any local public company in trust for an unlicensed foreign investor. 2) The provisions of sections 9 and 13 shall apply to land or shares held in trust for a foreign investor as they apply to land or shares held by a foreign investor.

Commercial Law. INDUSTRY, Chap. 85 – 87 MARKETING, Chap. 68 TRADE AND COMMERCE, Chap. 81 – 84 Consumer Protection & Safety Act No. 30 Foreign Investment Act No. 16 of Trinidad and Tobago Free Zones Act 4 of Sale of Goods Act Standards Act Trade Descriptions Act Company Law.

Protection Against Unfair Competition Act. The Payment of Supervisory Fees and Charges Regulations, Financial Institutions (Prudential Criteria) Regulations See the Handbook of Procedures for a guide to interpreting the Regulations.

The Central Bank Act Chap Central Bank (Amendment) Act, Central Bank (Amendment) Act No. 18 of Guidelines for the Banking Sector. Legal Notice No. of – The Petroleum (Amendment) Regulations, Legal Notice No.

of – The Provisional Collection of Taxes Order, Legal Notice No. of – The Excise Duty (Tobacco Products) Order, Law Revision Commission; Legal Aid and Advisory Authority; Police Complaints Authority Land Registry Online (PIMS) Revised Laws of Trinidad & Tobago; Land Registry Document Cover Sheet (2D barcode Document Cover Sheet) IPO Online Trade Mark Searches; Contact Us.

Feedback; Contact Information Foreign Investment: Foreign Labour. About The Toolkit. Welcome to the Trinidad and Tobago Gas Investment Guide.

In setting out the investment attributes of this twin island republic this guide provides investors with a comprehensive and panoramic view of the investment climate in Trinidad and Tobago in general and of the natural gas sector in particular.

Foreign ownership of companies is permitted and welcomed under the Foreign Investment Act (). The GORTT generally only gets involved in foreign investments when the investor is seeking government incentives or concessions such as tax holidays, duty-free imports of equipment and materials, or exemption from VAT on inputs.

The Ministry of Attorney General and Legal Affairs will provide responsive, timely and confidential service with integrity and passion for excellence in order to meet or exceed stakeholders’ expectations. The AGLA will carry out the responsibilities as outlined in the Constitution of Trinidad and Tobago and aligned with the Government’s Strategic Plan – Vision to ensure the.

The oil and gas sector in Oman is governed by laws administered through the Ministry of Oil and Gas (MOG) and the Ministry of Environmental and Climate Affairs, with the consent of the sultan. The main law that regulates hydrocarbons-related activities is the Oil and Gas Law.

The Beneficial Ownership Registry offers a free, public repository of key information on oil, gas and mining companies operating in Trinidad and Tobago which voluntarily report to the TTEITI and which are leading by example to meet the now legal requirements of beneficial ownership under the Companies (Amendment) Act of Egypt is working to establish itself as a leading destination for foreign direct investment (FDI).

These efforts were spearheaded by the promulgation of a new investment law inwhich sought to significantly improve the legal framework for investors.

Trinidad and Tobago (T&T) has a mature petroleum industry. The first oil well was drilled in in the vicinity of T&T's Pitch Lake in La Brea. The first successful well was drilled in in Aripero, and commercial oil production is recorded as having begun in near the Pitch Lake.

2 Until the mids, petroleum exploration was land. This website is owned by the Government of Trinidad and Tobago. It was created and is being continuously updated and managed by the Law Revision Commission which falls under the purview of the Ministry of the Attorney General and Legal Affairs.

This electronic collection of legislative material dating back to the ’s has two purposes. The economy of Trinidad and Tobago is the wealthiest in the Caribbean and the third-richest by GDP (PPP) per capita in the Americas. Trinidad and Tobago is recognised as a high-income economy by the World most of the English-speaking Caribbean, the country's economy is primarily industrial, with an emphasis on petroleum and country's wealth is attributed to its.

The legal regulations of foreign investment in the petroleum industry of Trinidad and Tobago by Calvin Smith, Vernetta. Call Number: KGXC35 Publication Date: Reform of media law: towards a free and responsible media. by Ministry of the Attorney General.Name of the Company changed to Trinidad and Tobago Petroleum Company Limited (TRINTOPEC).

OPEC failed to agree on an oil production policy that could have reversed the collapse in world oil prices. This decline in oil prices had a negative impact on the local oil industry.These Regulations implement provisions of the Petroleum Act in relation to the exploration for and exploration of sources of petroleum (including natural gas) in Trinidad and Tobago.

The Regulations principally provide rules relative to licensing of petroleum operations and define obligations and rights of licensees. Licences include: an exploration licence; an exploration and production.