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.
Timor-Leste | 2017.09.15
NEW TIMOR-LESTE GOVERNMENT IS APPOINTED
The Government of Timor-Leste, resulting from the 22 July elections, was partially sworn in today...
Timor-Leste | 2017.06.23
LAW ON OWNERSHIP OF IMMOVABLE PROPERTY APPROVED
Please be advised that, by means of Law No. 13/2017, of 5 June 2017, the National Parliament of Timor-Leste approved the special rules for the definition of immovable property ownership rights, which enters into force on 3 September 2017.
Timor-Leste | 2017.05.25
NEW COMPANIES’ LAW PUBLISHED
A new Companies’ Law was recently published by means of Law No. 10/2017, of 17 May 2017, which expressly revokes the prior framework approved by Law No. 4/2004, of 21 April 2004. The new Law will become effective 120 days after the date of publication.
Timor-Leste | 2017.05.15
TIMOR-LESTE EXPROPRIATIONS’ LEGAL FRAMEWORK APPROVED
After approximately 8 years’ of discussions, the Timor-Leste Parliament recently approved the Country’s Expropriations’ Law (the “Law”) by means of Law 8/2017, of 26 April 2017.
Timor-Leste | 2017.04.21
NEW CUSTOMS CODE APPROVED
By means of Decree-Law No. 14/2017, of 5 April 2017, the Government of Timor-Leste approved a new Customs Code, which will enter into force on 4 June 2017.
Timor-Leste | 2017.01.10
NEW RULES FOR LICENSING OF ADVERTISING MESSAGES APPROVED
Please be advised that the Government of Timor-Leste, by means of Decree-Law No. 51/2016, of 28 December 2016, approved new rules for licensing of advertising messages.
Timor-Leste | 2016.09.06
OFFSHORE PETROLEUM OPERATIONS REGULATIONS APPROVED
The Offshore Petroleum Operations Regulations (“ROPOF” in the Portuguese-language acronym) were approved by the Council of Ministers through Decree-Law No. 32/2016, of 17 August 2016, have now been gazetted, and will enter into force on 15 November 2016.
Timor-Leste | 2016.08.02
LAW ON CONSUMER PROTECTION HAS ENTERED INTO FORCE
By means of Law No. 8/2016, of 8 July 2016, the National Parliament approved the Law on Consumer Protection, which entered into force on 9 July 2016.