News from the<a Australasian Associate of Private International Law:
We are pleased to share the updated flyer for our forthcoming event, A Long-Awaited Reform: Papua New Guinea’s New Arbitration Law — A Conversation with Michael Henao, taking place on
Wide-ranging reforms to overhaul PNG mining sector
An applicant for a mining lease, other than the state applicant, must provide proof of readily available funds in its operating bank account of no less than 50% of the total projected capital costs upon lodgement of the application, as
Class Action Filed Against Rio Tinto over Closure of Panguna Copper Mine
Reporting by Bloomberg and shared on Yahoo Finance provides details on a new class action that has been launched on behalf of the people of Bougainville, an autonomous region of…
This content is for 1-3 Team Members, 7 Day Trial,
Changes to the Companies Act: Re-registration
Re-registration requirements will affect many
3 min read
On 1 December 2022, the Companies (Amendment) Act 2022 (the Amendment) came into operation and started the clock ticking for all existing companies to apply for re-registration by 1 December 2023, or
Collaboration — an Effective Tool When Drafting Contracts
The process of drafting a contract is viewed differently by the people responsible for it. The questions of “Who is in Charge?” or “Am I Forgetting Something?” always seem amongst the top questions asked by the drafters. In our previous
Transacting at the speed of paper
A huge leap forward, but with exceptions
8 min read
The commencement of the Electronic Transactions Act 2021 (the ETA) is a major policy and regulatory milestone in the development of PNG’s digital economy.
In many instances, the ETA will
New changes to the Companies Act
Paving the way for major upgrades to the electronic online company registry
In this Insight, we detail the potential impacts of the recent changes made to the Papua New Guinea Companies Act, and what you can do to prepare.
Background
Are the Ruins of the Lost Temple of Israel Really Hidden in the South Pacific? – Tablet Magazine
One afternoon, a little over a year ago, I received a more or less random-seeming email from a colleague that had no particular connection to either of our busy professional lives. The main purpose of such emails, containing links to
New PNG Energy laws commence
Important changes to the industry
3 min read
The commencement of the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020 mean important changes in the electricity industry in PNG.
In this Insight we review the key
Changes in PNG's energy laws
In brief
11 min read
On 21 April 2021, the PNG Parliament passed the National Energy Authority Act 2020 (NEA Act) and the Electricity Industry (Amendment) Act 2020 (Amending Act) (together the Acts).
The Acts will both commence operation in