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Contracts and licenses

This section deals with the "ground rules" of the extractive industry. The legal framework describes the laws governing the sector. Licence allocations, registries and contracts put the legal framework into practice. 

Knowing who is the ultimate owner of a company (beneficial ownership) and what stakes the government has in extractives operations complete the picture. 

Legal Framework License allocations License registers
Contracts Beneficial ownership State-ownership
 
Legal Framework

Value Chain

  • Contracts and licenses
    • Legal Framework
    • License allocations
    • License registers
    • Contracts
    • Beneficial ownership
    • State-ownership
  • Production
    • Overview of extractive industries and exploration
    • Volume produced
    • Volume exported
  • Revenue collection
    • Taxes and other revenues
    • In-kind revenues
    • Infrastructure provisions and barter arrangements
    • Transportation revenues
    • Transactions between SOEs and government entities
    • Subnational direct payments
  • Revenue allocation
    • Distribution of revenues
    • Earmarked extractive industries revenues
    • Budget and Audit processes
    • Sub-national transfers
  • Social and economic contribution
    • State enterprise spending
    • Social expenditures
    • Contribution of the extractive sector to the economy
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