This chapter examines Papua New Guinea’s legal framework, offering insight into the legislative powers of the government, laws that affect foreign companies, newly enacted securities legislation and other areas of interest to investors. It also contains a viewpoint from Peter Lowing, Partner, Leahy Lewin Lowing Sullivan Lawyers.…
Governments & Their Powers There are three levels of government in Papua New Guinea: the national, provincial and local-level governments. The constitution and the Organic Law on Provincial Government and Local-Level Government (Organic Laws) regulate the legislative powers of the national, provincial and local-level governments. Each level has its own distinct law-making powers. The National…
Viewpoint: Michael Sullivan The last two years have seen the Parliament enact a variety of new legislative acts, much of which is of a high standard. New acts include the Kumul Legislation, which is designed to positively effect the current government’s agenda for state-owned enterprises and businesses, along with the holding of the state’s interest in mining projects and oil and gas projects.…
Although external forces have seen PNG experience challenging economic conditions in recent times, the general long-term goal remains the same. One of the country’s greatest strengths is the longevity of its planning. Prime Minister O’Neill’s victory in the 2017 election solidifies the government’s agenda and substantially improves political stability. Continuity in planning, along with co
Governments & Their Powers There are three levels of government in Papua New Guinea: the national, provincial and local-level governments. The Constitution and the Organic Law on Provincial Government and Local-Level Government (Organic Law) regulate the legislative powers of the national, provincial and local-level governments. Each level has its own distinct law-making powers. The law-making…
This chapter examines the laws that affect operations of foreign companies as well as regulative acts that protect land and resources. New securities legislation – yet to be implemented – is also explained. This chapter contains a viewpoint from Michael Sullivan, Partner, Leahy Lewin Lowing Sullivan.…
In terms of investment, Papua New Guinea’s geographic location, geopolitical importance and abundance of commodities, as well as the success of the PNG Liquefied Natural Gas project, have helped it become a favoured destination for Chinese and Japanese ventures, with expectations of further foreign direct investment (FDI) going forward, particularly in the primary sector. However, PNG remains a
Viewpoint:John Leahy Benny Allan, the minister of Lands and Physical Planning, has proposed a number of amendments to the Land Act. The key points include administrative reform, including restructuring of the Land Board, the abolition of special agriculture business leases, the foreign ownership restrictions on state leases and land administration matters. The minister is embarking on a range…
Governments & Their Powers There are three levels of government in Papua New Guinea, the national, provincial and local-level governments. The Constitution and the Organic Law on Provincial Government and Local Level Government (Organic Law) regulate the law-making powers of the national, provincial and local-level governments. Each level has its own distinct law-making powers. The law-making…
This chapter examines Papua New Guinea’s legal framework, focusing on regulations affecting foreign investors, restrictions and laws for companies, taxation and Customs duties, and other important areas. It also contains a legal viewpoint from John Leahy, Partner, Leahy Lewin Lowing Sullivan, on proposed reforms to PNG’s land use regulations.…
