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Claims By and Against the State (Amendment) Act 2015

PAPUA NEW GUINEA

CLAIMS BY AND AGAINST THE STATE (AMENDMENT) ACT 2015

No. 3 of 2015.

Claims By and Against the State (Amendment) Act 2015.

Certified on: 12 AUG 2015

Claims By and Against the State (Amendment) Act 2015.

ARRANGEMENT OF SECTION.

New Section 22.

"22. KUMUL MINERALS COMPANY AND KUMUL PETROLEUM COMPANY."

__________________

No. of 2015

AN ACT

entitled

Claims By and Against the State (Amendment) Act 2015,

Being an Act to amend the Claims By and Against the State Act 1996 to provide for Kumul Minerals Company and Kumul Petroleum Company and for related purposes,

MADE by the National Parliament.

NEW SECTION 22.

The Principal Act is amended by inserting a new section after Section 21 as follows:

"22. KUMUL MINERALS COMPANY AND KUMUL PETROLEUM COMPANY.

(1) In this section –

"Kumul Minerals Company" means any one of Kumul Minerals Holdings and its subsidiaries, and "Kumul Minerals Companies" means any one or more of them;

"Kumul Petroleum Company" means any one of Kumul Petroleum Holdings and its subsidiaries, including National Petroleum (Kroton), and "Kumul Petroleum Companies" means any one or more of them.

(2) This Act does not apply to -

(a) any Kumul Minerals Company or the rights, assets and obligations of any Kumul Minerals Company; or

(b) any Kumul Petroleum Company or the rights, assets and obligations of any Kumul Petroleum Company.".

__________________

I hereby certify that the above is a fair print of the Claims By and Against the State (Amendment) Act 2015 which has been made by the National Parliament.

Acting Clerk of the National Parliament.
12 AUG 2015

I hereby certify that the Claims By and Against the State (Amendment) Act 2015 was made by the National Parliament on 5 June, 2015.

Speaker of the National Parliament.
12 AUG 2015