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BTN-2020-L-110672
Breadcrumb
Title_of_text
Mines and Minerals Bill of Bhutan 2020.
Main Region
First Region
Country(ies)
Bhutan
Subjects (Classification)
Mining and quarrying workers
Adopted on (Date of text)
2020-01-01
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Original title
འབྲུག་གི་གཏེར་ཁ་དང་ ས་གཏེར་དཔྱད་ཡིག་༢༠༢༠ ཅན་མ།
Abstract/Citation
The Act increases the public share of mining through a broad-based ownership system. Public share, which were previously set at 30 percent, have increased to 49 percent. This is in line with the ‘narrowing the gap’ policy, which aims to reduce the inequalities between citizens in Bhutan. Other changes include:
- The Act establishes the Bhutan Mining Authority (BMA).
- lessees are to ensure a preference in employment of the community in which they operate and be given priority to buy equity stake in the mining company. The affected community is to be compensated through benefit sharing scheme as
prescribed by the Authority in the Community Development Agreement. The Authority is also to set up a Community Development Fund into which the lessee is to send money as required under the benefit sharing scheme.
Repealed Text region
Repealed text(s)
1995-09-01 (BTN-1995-L-47663)
Mines and Minerals Management Act, 1995.
Electronic region
Electronic source title
Legislation on-line
Author
Ministry of Economic Affairs, Bhutan
URL
https://www.moea.gov.bt/
File
BTN110672.pdf (PDF)
Electronic source title
Legislation on-line
Author
Ministry of Economic Affairs, Bhutan
URL
https://www.moea.gov.bt/
File
BTN110672 DZ.pdf (PDF of Bill (Dzongkha Version))