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NATIONAL PETROLEUM
AUTHORITY (AMENDMENT) ACT, 2016
(ACT,713)
ARRANGEMENT OF SECTIONS
Section
1.
Section 2 of Act 691 amended
2.
Section 37 of Act 691 amended
3.
Section 47 of Act 691 amended
4.
Section 81 of Act 691 amended
ACT REPUBLIC OF GHANA
OF THE PARLIAMENT OF THE
REPUBLIC OF GHANA
ENTITLED
NATIONAL
PETROLEUM AUTHORITY (AMENDMENT)
ACT, 2016
AN ACT to amend the National
Petroleum Authority Act, 2005
(Act 691) to ensure the
effective implementation of
petroleum price liberalisation
and for related matters.
DATE OF ASSENT:
PASSED by Parliament and
assented to by the President:
Section 2 of Act 691 amended
1. The National Petroleum
Authority Act, 2005 (Act 691)
referred to in this Act as the
"principal enactment" is amended
in section 2 by the substitution
for paragraph (m) of
subsection (2) of
"(m)
publish in the Gazette
and in at least two daily
newspapers of national
circulation and at the website
of the Authority the ex-refinery
prices and ex-pump prices of
petroleum products determined by
petroleum service providers
based on the prescribed
petroleum pricing formula;".
Section 37 of Act 691 amended
2. The principal enactment is
amended in section 37 by the
substitution for subsection (3)
of
"(3) The report and the decision
taken by the Board shall be
forwarded by the Board to the
Ministry." ,
Section 47 of Act 691 amended
3. The principal enactment is
amended in section 47 by the
substitution for paragraph
(c) of subsection (1) of
"(c)
margins set by the liquuefied
petroleum gas marketing
companies;".
Section 81 of Act 691 amended
4. The principal enactment is
amended in section 81 by the
substitution for the definition
of
(a)
"LPG distributor" of
"liquefied petroleum gas
marketing company" means a
company that is engaged in
importing, re-exporting,
refilling, transporting,
marketing and selling of
liquefied petroleum gas to end
users and other consumers;";
(b)
"Minister" of
"Minister" means Minister
responsible for Petroleum; ";
and
(c)
"Ministry" of
"Ministry" means Ministry of
Petroleum;".
Date of Gazette
notification:
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