MICRONESIA (FEDERATED STATES OF): Customs Act of 1996 (Public Law No. 9-139 of 1996)

The Act provides for levy and duty rates for all products including petroleum products. Gasoline and ADO, at the rate of USD0.05 per gallon (c/gal) as specified under the section 221. All other imported products not specified in the Act, at the rate of four percent ad valorem.

MICRONESIA (FEDERATED STATES OF): FSM Petroleum Corporation Act of 2007 (Public Law No. 15-08 of 2007)

Established the Federated States of Micronesia Petroleum Corporation as a public corporation under the laws of the Federated States of Micronesia. The Act also provides for the establishment of Board of Directors and Corporation functions.

COOK ISLANDS: Grid Connected Renewable Generators and Net-Metering Amendment Policy

Te Aponga Uira introduced a Grid Connected Renewable Generators and Net-metering – Amendment Policy in December 2013 to explain the means and economic incentives available to customers interested in grid-tied renewable energy installations. To encourage those wanting to generate their own power from renewable sources, net-metering allows for credits to accumulate over time from the excess energy fed back into the grid. For investors, gross metering and independent power production are options to sell power to TAU.

COOK ISLANDS: Cook Islands Investment Corporation Act 1998

An act to establish the Cook Islands Investment Corporation and to make provision for the control and management of statutory corporations and to manage and facilitate the disposal of assets. The corporation oversees and regulates the operations of Te Aponga Uira (TAU) and Aitutaki Power Supply (APS) on behalf of the Minster of State Owned Enterprises.

MACAU, CHINA: Environmental Protection Planning of Macao (2010-2020)

The Environmental Planning 2010-2020 of Macao has the objective to start forward-looking planning, with the principle of “Living for today and planning for future” by formulating more targeted environmental policies for the future and resolving the existing and potential environmental pollution problems in Macao. In the meantime, in an attempt to follow the positioning of Macao as a “Global center of tourism and recreation” in the “Outline of the Plan for the Reform and Development of the Pearl River Delta (2008-2020)”, Macao will develop into a green, low carbon city suitable for living, business and tourism. It is divided in three phases, namely, the short term (2010-2012), medium term (2013-2015) and long term (2016-2020). This policy puts forward pragmatic executive and supervisory mechanisms, as a combined effort of the government, enterprises, and general public to carry out the measures and goals under this planning and strive together for improving the environment of Macao. The underlying principle is that it is everyone’s responsibility to protect the environment and it is a shared responsibility to create a quality ecological environment.