Decree on Mining Community Development Fund
法令关于矿业社区发展基金
ດຳລັດວ່າດ້ວຍ ທຶນພັດທະນາຊຸມຊົນ ໃນທຸລະກິດກ່ຽວກັບແຮ່ທາດ
Summary
This regulation governs the provision of community development funds by mining operators to local governments, specifying that the funds are used for infrastructure construction and livelihood improvement, and clarifying management principles, funding sources, and provincial and district fund forms.
Articles
Article ມາດຕາ 1
Article 2 Community Development Fund in Mineral Business
Community Development Fund in Mineral Business is the fund contributed by mineral business operators to the local administrative authority where the project is located, for use in infrastructure development activities and the quality of life of the people.
Article ມາດຕາ 2
Article 2 Principles of management and use
The management and use of community development funds in mineral-related businesses shall comply with the following principles:
1. Correct in accordance with laws and regulations;
2. Correct, consistent with objectives and usage plans;
3. Flexible, prompt, fair, open, transparent and verifiable.
Article ມາດຕາ 3
Article 3 Source of Funds
Community development funds in mineral-related businesses are funds obtained from contributions of companies conducting mineral-related businesses.
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