Proposal For Amendment – Transfer Of Undertakings, Businesses Or Parts Of Businesses
Today was promulgated by the President of the Portuguese Republic, the diploma of the Parliament amending the legal regime applicable to the transfer of undertakings, businesses or parts of businesses and that strengthens the rights of workers, proceeding to the amendment to the Labor Code, approved in annex to Law No. 7/2009, of 12 February
Angola | Amendments To Private Investment Rules On The Government Radar
A new organizational model for the carrying-out of private investment operations is currently being considered by the Angolan Government. The basis for this new model was recently published by the Technical Unit for Private Investment (“UTIP”) – a specialized unit established back in 2015, responsible for assisting the Head of the Executive with private investment …
Continue reading “Angola | Amendments To Private Investment Rules On The Government Radar”
Angola – Natural Gas Framework Law
Presidential Legislative Decree 7/18, of 18 May 2018 (“PLD 7/18”) enacted the Angola Natural Gas Framework Law. Below you will find an overview of PLD 7/18.
Angola New Private Investment Law And Regulatory Investment Agency
1 – PRIVATE INVESTMENT LAW HOT OFF THE PRESS: The Angolan National Assembly approved the new private investment regime by means of Law 10/18, of 26 June 2018 (“2018 PIL”)
Angola New Rules For Oil Industry Public Tenders And Procurement Of Supplies/services
Presidential Decree 86/18, of 2 April 2018 (“PD 86/18”), introduced several modifications to the rules governing the following activities: Public tenders for awarding of oil blocks Procurement of supplies and services by oil operators Below is a summary of the most significant changes by PD 86/18:
What Is New In Public Procurement In Angola: Public Procurement Unit And Project Or Contract Manager
Presidential Decree 88/18 came into force on 6 April and establishes the rules for the organization and operation of the Unidades de Contratação Pública [Public Procurement Units] (“UCP”). These Units will intervene at the stages of formation and management of projects and contracts executed by Entidades Públicas Contratantes [Public Contracting Entities] (“EPC”), i.e., public entities …
Competition & Eu: Angola Approves Competition Act
On 18 April 2018, the National Assembly of Angola approved the Competition Act (the “Act”). The safeguard of sound competition between economic agents aims at fully implementing a market economy, stimulating the Angolan economy and improving the standing of Angola in the “Doing Business” international rankings. The Act is applicable to all economic sectors, thus …
Continue reading “Competition & Eu: Angola Approves Competition Act”
Banking & Finance: New Bna Instructions On Exchange Rate Policy
INSTRUCTION NO. 01/2018 Establishes, among other provisions, that the sale and purchase of foreign currency shall be carried out through auctions, via the SGMC, and also defines the access requirements for participation of Commercial Banks in these auctions and the procedures they should observe in this regard. This Instruction, which entered into force yesterday, repeals …
Continue reading “Banking & Finance: New Bna Instructions On Exchange Rate Policy”
Angola: Marginal Fields Decree
Presidential Legislative Decree 6/18, of 18 May 2018 (“PLD 6/18”) enacted the Marginal Fields Decree. Below you will find an overview of PLD 6/18.
Angola – Natural Gas Framework Law
Presidential Legislative Decree 7/18, of 18 May 2018 (“PLD 7/18”) enacted the Angola Natural Gas Framework Law. Below you will find an overview of PLD 7/18.