Requirement 3.2
3.2 The EITI Report must describe the legal framework and fiscal regime governing the extractive industries.
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This information must include a summary description of the fiscal regime, including the level of fiscal devolution, an overview of the relevant laws and regulations, and information on the roles and responsibilities of the relevant government agencies.
- Where the government is undertaking reforms, the multi-stakeholder group is encouraged to ensure that these are documented in the EITI Report.
Validation of this provision
As per the Standard Terms of Reference for Validators:
- The validator is expected to document whether a summary description of the fiscal regime has been disclosed, including the level of fiscal devolution, an overview of the relevant laws and regulations, and information on the roles and responsibilities of the relevant government agencies (3.2.a).
- The validator is expected to document whether the EITI Report includes any information about reforms that are underway (3.2.b). Such disclosures are encouraged, but not required and should not be considered in assessing compliance with the EITI Standard.