The present Decree-Law approves the Tariff Regulations provided for and created by Article 10 of Decree-Law 13/2003, of 24 September, which lays down the bases for the National Electricity System, considering the provisions of Article 45 of the same Decree-Law, as provided below, as follows.

The present Decree-Law establishes the bases for organising the National Electricity System (NES) and the principles that will govern the exercise of the activities related to the production, transmission and distribution of electricity. Note: NES = National Electricity System.

This statute aims to approve the Organisational Structure of the Office of the Secretary of State for Energy Policy whereby the respective structure, and competences and responsibilities of each of its services and bodies are set forth with a view to enforcing Decree-Law No. 7/2007, of 5 September, approving the Structure of the IV Constitutional Government of the Republic of Timor-Leste.

The first National Development Plan (the Plan) for East Timor builds on a participative process, involving constituents in every sector of the economy to identify the problems they face and to suggest solutions to those problems. The two over-riding development goals the Plan strives to achieve are: a) To reduce poverty in all sectors and regions of the nation, and b) To promote economic growth that is equitable and sustainable, improving the health, education, and well being of everyone in East Timor.

The Act was issued pursuant to the Decree of the President of the Russian Federation of 30 September 2013 No. 752 "About emission reduction of greenhouse gases" in order to adopt an action plan on GHG emission reduction to the level of no more than 75% of the 1990 levels for 2020; the action plan contains three groups of measures which should be assumed: 1. developing a system of evaluating greenhouse gas emissions; 2. performing evaluation and forecast greenhouse gas emissions for the period up to 2020 and up to 2030, including an assessment of the potential reduction in emissions by sector; 3. measures of state regulation of greenhouse gas emissions.

The policy describes the overall context of Public Finance Management PFM in Timor-Leste, identifies the implications that the Government’s Strategic Development Plan 2011-2030 (SDP) has for the performance of the Ministry of Finance. It then defines the vision, the institutional mandate, strategic goals, major operational goals, and how individual units within the Ministry of Finance will work towards achieving the goals. In particular, it introduces provisions related to petroleum pricing, including the improvement of governance, transparency and digitalization. This Strategic Plan for the Ministry of Finance is organised as follows: Sections 2 and 3 explore the challenges for the Ministry of Finance in the medium and long term. Sections 4 and 5 outline the vision and mandate for the Ministry, Section 6 defines its strategic goals for the next 20 years, and Section 7, 8, and 9 specify operational goals, overarching issues and directorate strategies which will contribute to attaining the strategic goals. Then, Section 10 discusses capital expenditure, while Section 11 identifies possible organisational changes over the longer term. Section 12 delineates the need for an integrated planning framework with linkages to Annual Action Plans and the nation’s Strategic Development Plan 2011-2030. Section 13 provides the main components for an Institutional Strengthening and Capacity Development Plan (ISCDP) of the Ministry, and Section 14 provides a conclusion to the plan.

The Timor-Leste Strategic Development Plan is a twenty year vision that reflects the aspirations of the Timorese people to create a prosperous and strong nation. The strategies and actions set out in the Strategic Development Plan aim to transition Timor-Leste from a low income to upper middle income country, with a healthy, well educated and safe population by 2030. In this regard, access to energy is considered a basic right and the foundation for economic growth. Targets are set to introduce a program for solar lighting, which will provide approximately 100,000 families with access to electric light by 2020. Furthermore all households in Timor-Leste will have access to electricity either by the conventional expansion of the electricity system or through the use of renewable energy by 2030.

The present law authorises the Government to enter into agreements with investors in the Joint Petroleum Development Area (as established by the Timor Sea Treaty), with the aim to stabilise the tax regime on long-term petroleum projects.

A Regulation aimed to establish a taxation regime for East Timor.

A Regulation aimed to establish a taxation regime for East Timor.