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Tanzania Extractive Industries (Transparency and Accountability) Act. 2015 (No. 23 of 2015).

Type of law
Legislation
Source

Abstract
This Act establishes the Tanzania Extractive Industries (Transparency and Accountability) Committee ("the Committee") and provides with respect to transparency and accountability in commercial operations concerning extraction of minerals, oil and natural gas. The Committee shall be an independent Government entity which shall be an oversight body for promoting and enhancing transparency and accountability in the extractive industry. The Act also establishes a Nominations Committee for purposes of appointment of Chairman and Executive Secretary the Committee. The Committee shall be responsible for ensuring that benefits of extractive industry are verified, duly accounted for and prudently utilized for the benefit of the citizens of Tanzania. It shall, among other things, develop a framework for transparency and accountability in the reporting and disclosure by all extractive industry company on revenues due to or paid to the Government and monitor activities of the extractive industry as prescribed.
In order to ensure transparency and accountability in extractive industries, the Committee shall cause the Minister to publish implementation of Environmental Management Plans of the extractive industry companies. This Act also amends the Mining Act so as to require the Tanzania Minerals Audit Agency to audit, among other things, the environmental expenditures of entities for the management the mining purpose of assessment of compliance to the mine closure plan. An application of a primary mining licence shall contain environmental investigations and an environmental protection plan as described in the relevant Regulations.
Long title of text
An Act to provide for establishment of the Extractive Industries (Transparency and Accountability) Committee for purposes of ensuring transparacncy and accountability in extractive industries and to provide for other related matters.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No