MINING LAW 1971

Preamble

Libyan Law No. 2 of 1971

Mines and Quarries

After reviewing the Constitutional Declaration issued on 2 October 1389. Approved December 11, 1969 AD.
And the Minerals Act No. 9 of 1953.
And on the Oil Law No. 25 of 1955, as amended.
The National Industries Development Act No. 51 of 1956. Amended by the Act on 11 Jumada II 1381 AH. Approved November 10, 1961 AD.
Law of 20 Muharram 1381 AH. Approved July 3, 1961. Expropriation of property for public benefit, as amended.
Law No. 5 of 1965. On industrial organization, as amended.
Law No. 25 of 1970. Establishment of the Centre for Industrial Research.
Law No. 26 of 1970. The establishment of the Libyan manufacturing.
Law No. 79 of 1970. The reorganization of industry and mineral wealth
Based on the presentation of the Minister of Industry and Mineral Resources and the approval of the opinion of the Council of Ministers.

Have issued the following law:

PART I : GENERAL PROVISIONS
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PART II : SPECIAL PROVISIONS FOR MINING
Chapter I : License in the Detection
Chapter II : License in Research
Chapter III : Investment Contract

 

PART III : QUARRIES
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PART IV : PENALTIES
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PART V : FINAL TEMPORARY POVISIONS
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