Petroleum Hub Development Corporation Act, 2020 🇬🇭

Ghana

Republic of Ghana

The one thousand and fifty-third

Act

of the parliament of the republic of ghana

entitled

Petroleum Hub Development Corporation Act, 2020

Published by Government Gazette on 29 December 2020
Assented to on 29 December 2020
Commenced on 29 December 2020

AN ACT to establish the Petroleum Hub Development Corporation to promote and develop a Petroleum and Petrochemicals Hub and to provide for related matters.PASSED by Parliament and assented to by the President

Petroleum Hub Development Corporation

1. Establishment of the Corporation

(1)There is established by this Act, the Petroleum Hub Development Corporation, as a body corporate.

(2)For the performance of the functions of the Corporation, the Corporation may, acquire and hold property, dispose of property and enter into a contract or any other related transaction.

(3)Where there is a hindrance to the acquisition of land, the land may be acquired for the Corporation under the Land Act 2020 (Act 1036) and the cost shall be borne by th…

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