Law 2056 of 30 September 2020
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- Law 2056 of 30 September 2020
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“Regulating the organisation and functioning of the General Royalties System.”
ARTICLE 1. Object. In accordance with the provisions of Article 360 y 361 The purpose of this law is to determine the distribution, objectives, purposes, administration, execution, control, efficient use and destination of revenues from the exploitation of non-renewable natural resources, specifying the conditions of participation of the beneficiaries. This set of revenues, allocations, bodies, procedures and regulations constitutes the General Royalties System.
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