1-10 of 28 results

Toksave - PNG regulatory update: Strata Title law passed by PNG Parliament and other developments
Insight 21 Apr 2022

Strata Title law passed by PNG parliament; Moratorium has been placed on all Voluntary Carbon Market Projects in PNG; ICCC commences review of Electricity Regulatory Contract; Dates have been set for the National General Elections; Electronic Transactions Act passed and certified. ...

New PNG Energy laws commence
Insight 20 Jul 2021

The commencement of the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020 mean important changes in the electricity industry in PNG. In this Insight we review the key changes and assess their impact ...

Changes in PNG's energy laws
Insight 13 May 2021

On 21 April 2021, the PNG Parliament passed the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020. In this Insight we examine the changes made and assess their likely impact on the energy industry. ...

Toksave - PNG regulatory update: Twinza suspends Pasca A offshore operations and other developments
Insight 07 May 2021

Twinza suspends Pasca A offshore operations; public consultation on new Digital Transformation Bill commences; Parliament adjourned to August 2021; and other developments ...

Papua New Guinea votes to establish an Independent Commission Against Corruption
Insight 27 Nov 2020

On 12 November 2020, Papua New Guinea's (PNG) Parliament unanimously passed a Bill to establish an Independent Commission Against Corruption (ICAC). Almost a decade in the making, the successful passage of the Bill is a significant milestone in progressing PNG's anti-corruption agenda. ...

Amendments to PNG Mining Act and Oil and Gas Act
Insight 18 Jun 2020

The Parliament of PNG has passed a series of amendments targeting the mining, oil and gas industries. We examine the significance of these amendments and the likely next steps.  ...

Toksave - PNG regulatory update: emergency Parliament sitting; K5.6 billion stimulus package passed; two-month extension of state of emergency; and other developments
Insight 06 May 2020

PNG Parliament convened urgent session and passed K5.6 billion stimulus package; 14-day state of emergency extended by another two months, to June 2020; new emergency laws enacted; Bank of PNG announced new monetary and fiscal measures; IRC granted tax exemptions; IPA waived certain company statutory obligations; superannuation funds announced proposed amendments to superannuation law; PNG Government refused extension of Barrick special mining lease; and proposed plan for freight subsidies for air and sea transport. ...

PNG's response to COVID-19
Insight 16 Apr 2020

The World Health Organization declared the coronavirus disease 2019, or 'COVID-19', a global pandemic on 11 March 2020. As of 16 April 2020, most countries around the world have reported cases of ...

Toksave – PNG regulatory update: Covid-19 and state of emergency in PNG; Income Tax Act rewrite; Kumul submarine cable network and other developments
Insight 02 Apr 2020

First case of Covid-19 and state of emergency announced in PNG; significant proposed changes to Income Tax Act; Phase 2 of Kumul submarine cable network project initiated; and new tariffs and service standards for ports. ...

Toksave - PNG regulatory update: P'nyang Gas Agreement; Whistleblower Bill; Air Niugini/Philippine Airlines codeshare and other developments
Insight 26 Feb 2020

No P'nyang Gas Agreement with ExxonMobil; first of its kind Whistleblower Bill moves ahead; codeshare denied for Air Niugini/Philippine Airlines; and the Proposed Organic Law on the Independent Commission Against Corruption 2019 (ICAC Bill). ...