Law 2056 of 30 September 2020

“Regulating the organisation and functioning of the General Royalties System.”

ARTICLE 1. Object. In accordance with the provisions of Article 360 361 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.

Image source: <a href=”https://sp.depositphotos.com/category/technology.html”>Financial analysis, business performance report, revenue growth chart, revenue increase chart – null</a>

M&M Estudio Jurídico. All Rights Reserved.

Attachments:


Ley_2056_de_2020.pdf