The Extractive Industries Revenue Act, no. 2 of 2018.

This Act, consisting of 54 articles, provides for coordinating various taxes and charges on extractive industries, the regulation of fiscal aspects of extractive industry agreements and for other related matters and concerns petroleum operations, mining licence, mining area, revenue. Concerning mines and minerals, matters covered by this Act include: royalties to be paid by a holder of mineral right for minerals obtained; income tax; separate mineral operations; income and deduction from mineral operations, including expenditure on waste removal. Concerning petroleum, matters covered by this Act include: royalties imposed for crude oil and for natural gas; separate petroleum operations; income and deductions from petroleum operations; petroleum resource rent tax; extractive industry agreements; amendment of the Mines and Minerals Acts, No. 12 of 2009.