Ordinance No. 07/2008/PL-UBTVQH12 dated November 22, 2008 of the Standing Committee of the National Assembly amending and supplementing Article 6 of the Ordinance on royalties

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ATTRIBUTE Ordinance 07/2008/PL-UBTVQH12 of National Assembly Standing Committee date issued 22/11/2008

Ordinance No. 07/2008/PL-UBTVQH12 dated November 22, 2008 of the Standing Committee of the National Assembly amending and supplementing Article 6 of the Ordinance on royalties
Issuing body: National Assembly Standing CommitteeEffective date:
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Official number:07/2008/PL-UBTVQH12Signer:Nguyen Phu Trong
Type:OrdinanceExpiry date:
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Issuing date:22/11/2008Effect status:
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Fields:Natural Resources - Environment
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THE NATIONAL ASSEMBLY STANDING COMMITTEE
--------

SOCIALIST REPUBLIC OF VIET NAM
Independence
- Freedom - Happiness
----------

No. 07/2008/PL-UBTVQH12

Hanoi, November 22, 2008

 

 

AMENDING AND SUPPLEMENTING ARTICLE 6 OF THE ORDINANCE ON ROYALTIES

Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/200I/QH10;

The National Assembly Standing Committee promulgates the Ordinance Amending and Supplementing Article 6 of the Ordinance on Royalties.

Article 1. To amend and supplement Article 6 of the Ordinance on Royalties as follows:

"Article 6. The royalty tariff is stipulated as follows:

 

No.

Natural resource groups and categories

Royalty rate
(%)

1

Metallic minerals, excluding gold and rare earths

Gold

Rare earths

5-30

6-30

8-30

2

Non-metallic minerals, excluding gemstones and coal

Gemstones

Coal

3-10

10-30

4-20

3

Petroleum oil

6-30

4

Fuel gas, coal gas

0-25

5

Natural forest products:

a/ Assorted timber, excluding tree branches and tops and firewood

Tree branches and tops

Firewood

b/ Materia medica, excluding sandalwood and calambac Sandalwood and calambac

c/ Other natural forest products

 

10-40

10-30

1-5

5-15

20-30

5-20

6

Natural aquatic resources, excluding sea-cucumber, abalone, pearl oyster

1-2

7

Sea-cucumber, abalone, pearl oyster

6-10

8

Natural water, excluding water used for hydropower generation, natural mineral water, purified natural water, bottled or canned

Natural water used for hydropower generation

Natural mineral water, purified natural water, bottled or canned

0-5

2-5

5-10

9

Other natural resources, excluding swallow's nests Swallow's nests

0-10 10-20

Article 2. Based on this tariff, the Government shall stipulate in detail specific royalty rates for each category of natural resources.

Article 3. This Ordinance takes effect on January 1. 2009.-

 

 

ON BEHALF OF THE NATIONAL ASSEMBLY STANDING COMMITTEECHAIRMAN




Nguyen Phu Trong

 

ORDINANCE

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