Uganda
Uganda Oil Board Act
Chapter 328
- Published
- Commenced on 25 January 1991
- [This is the version of this document at 31 December 2000.]
- [Note: The version of the Act as at 31 December 2000 was revised and consolidated by the Law Reform Commission of Uganda. All subsequent amendments have been researched and applied by Laws.Africa for ULII.]
Part I – Interpretation
1. Interpretation
In this Act, unless the context otherwise requires—Part II – Establishment of the Uganda Oil Board
2. Establishment and corporate status of the board
3. Functions of the board
The functions of the board shall be—4. Board of directors of the board
5. Officers and staff
6. Powers of the Minister to ratify decisions of the board and to give directions
The Minister may, from time to time, give directions in writing to the board, and the board shall comply with the directions.Part III – Financial and related provisions
7. Funds of the board
8. Duty of the board to operate on sound financial principles
9. Estimates
10. Accounts, audit and annual reports
Part IV – Miscellaneous
11. Vesting of assets
The Minister may transfer to the board the ownership or possession of any assets belonging to the Government which, by virtue of this Act and in his or her opinion, are necessary for the board’s performance of its functions; and thereupon the board shall, in respect of those assets, have all rights and be subject to all the liabilities attaching to them.12. Protection of certain persons from liability
No matter or thing done by the Minister, a director or any other officer of the board shall, if the matter or thing be done in good faith for the purpose of carrying out any of the provisions of this Act, render the Minister, director or officer personally liable to any civil action, suit or other proceedings in respect of that matter or thing.13. Regulations
The Minister may, after consultation with the board, make regulations for carrying into effect this Act.History of this document
31 December 2000 this version
Consolidation
25 January 1991
Commenced