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Adequacy Of The Legal Framework On Governance Of Oil And Gas Fund In Tanzania




Rwebangira, G.K. & George, H.L.


ABSTRACT


Oil and Gas Fund is one of the instruments for sustainable management of revenue from petroleum sector in Tanzania. It seeks to balance government spending and secure interests of the future generation. However, actual realization of this policy objective depends on existence of legal and fiscal rules which stipulates what has to be collected, distributed, spent and invested for the present and future generation. This paper undertakes a critical assessment of the existing legal framework governing the Oil and Gas Fund in Tanzania. It applies doctrinal research methodology in assessing strengths and weaknesses of the existing national legal instruments on governance of Oil and Gas Fund in Tanzania.



Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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Submit Manuscript: Click here

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Licensing: ​

 

All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

Disclaimer:

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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