Timor-Leste | 2020.08.28
New Timor-Leste Anti-corruption Law
The new Timor-Leste Anti-corruption Law (the “Law on Measures to Prevent and Fight Corruption”) has just been published as Law No. 7/2020, of 26 August 2020.
Timor-Leste | 2020.07.29 | Portuguese Version Only
New Features of the Timor-Leste Tax Authorities Site
The Timor-Leste Tax Authorities (ATTL) have recently presented the newest features of its internet site - attl.gov.tl.
Timor-Leste | 2020.07.09
Timor-Leste announces extension of Oil & Gas Licensing Round deadline
The Timor-Leste National Petroleum and Minerals Authority (ANPM) has today announced that the deadline for the country’s second oil & gas licensing round, launched on 3 October 2019, has been extended by a year to October 2021.
Timor-Leste | 2020.06.05
Oil & Gas Licensing round: Timor-Leste reserves a 20% participating interest in PSCs for TIMOR GAP
The Timor-Leste Government just published Government Resolution no. 15/2020, dated 3 June 2020, which reserves for the National Oil Company, TIMOR GAP, E.P., a maximum 20% participating interest in all production sharing contracts (PSCs) awarded as a result of the ongoing oil & gas licensing round.
Timor-Leste | 2020.06.03
Reopening of Miranda & Associados’ Díli Office
As you are aware, throughout the lock down measures imposed by the fight against COVID-19, Miranda & Associados and our Díli office staff decided to remain in Díli, to continue to provide the levels of service to which our clients have become accustomed, and which we have committed to provide over the years. Despite the challenges of remote working, our Díli office staff has continued to be of assistance to our client base, and to visit those official services that have remained open on a regular basis, so as to provide you with the most up-to-date legal advice.
Timor-Leste | 2020.05.22
Highly Anticipated Onshore Petroleum Regulations have been Approved
The Government has just enacted the Onshore Petroleum Operations Regulation by means of Decree-Law No. 18/2020, dated 13 May 2020.
Timor-Leste | 2020.04.03
Declaration of State of Emergency and the risk of economic crimes
In crisis situations, when the economy and society is most vulnerable, it is fairly common for there to be an increase in certain economic crimes, as well as in enforcement actions by the police and other authorities seeking to avoid their commission.
Timor-Leste | 2020.03.30
Effects of the Declaration of the State of Emergency in Timor-Leste
During the last 3 days, the National Parliament has passed a set of legislation approving the declaration of a nation-wide State of Emergency and the restriction measures that shall apply during the same. Among other statutes, the Parliament approved (i) Presidential Decree No. 29/2020, of 27 March 2020, declaring the State of Emergency for 30 days (from 28 March to 26 April), in order to prevent COVID-19 from further spreading among the population; and (ii) Government Decree No. 3/2020, of 28 March 2020, which enacts the Execution Rules applicable during the State of Emergency. Due to their practical implications, we would like to point out the following restrictive measures:
Timor-Leste | 2019.10.03
Timor-Leste announces Oil & Gas Licensing Round
The Timor-Leste Prime-Minister and the National Petroleum and Minerals Authority have today announced, at the first Timor-Leste Oil & Gas Summit, the opening of the country’s second oil & gas licensing round. There is plenty of highly prospective acreage on offer, with 18 blocks, 7 onshore and 11 offshore, including areas previously included in the Joint Petroleum Development Area.
Timor-Leste | 2018.03.07
TIMOR-LESTE AND AUSTRALIA SIGN LANDMARK MARITIME BOUNDARY TREATY
Yesterday, 6 March 2018, at 5 pm in New York, the “Treaty Between Australia and the Democratic Republic of Timor-Leste Establishing their Maritime Boundaries in the Timor Sea” (the “Maritime Boundary Treaty”) was signed before the United Nations’ Secretary-General, the Honorable António Guterres.