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The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania

Min Dissertation (LLM (Extractive Industries Law in Africa))-- University of Pretoria, 2023.

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Other Authors: Gerber, Leonardus J.
Format: Thesis
Language:English
Published: University of Pretoria 2024
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access_status_str Open Access
author2 Gerber, Leonardus J.
author_browse Gerber, Leonardus J.
author_facet Gerber, Leonardus J.
collection Thesis
dc_rights_str_mv © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Min Dissertation (LLM (Extractive Industries Law in Africa))-- University of Pretoria, 2023.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2024
publishDateRange 2024
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spelling oai:repository.up.ac.za:2263/94896 The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania Gerber, Leonardus J. u21732079@tuks.co.za Malimi, Prezidius UCTD Bilateral Investment Treaties (BIT(s)) National Wealth and Resources Permanent Sovereignty Act No.5 of 2017 section 11 Permanent Sovereignty over Natural Resources (PSNR). Min Dissertation (LLM (Extractive Industries Law in Africa))-- University of Pretoria, 2023. In 2017, Tanzania introduced a new legislation in the extractive sector, the Natural Wealth and Resources (Permanent Sovereignty) Act No. 5 of 2017 (‘the Act’). The legislation prohibits the referral of cases to international arbitration forums regardless of the fact the extractive sector in Tanzania largely depends on foreign direct investments for its growth and development. Tanzania is a signatory to 20 bilateral investment treaties, two (2) of which were terminated, eight (8) were not yet in force, and the rest were in force. Bilateral investment treaties are agreements designed to safeguard business operations in the host state against expropriation and unpredictable regulatory regimes. The primary aim of this study is to determine whether there is compatibility between section 11 of the Act and the terms of the selected BIT(s) regarding the adjudication of disputes arising out of the exploitation and extraction of natural wealth resources. The study applies an exhaustive literature review of the state of Tanzania's extractive sector from Internet sources and published academic writings. The primary sources include the Natural Wealth and Resources (Permanent Sovereignty) Act No.5 of 2017 and five (5) selected bilateral investment treaties. The bilateral investment treaties were selected based on the financial investment already invested into Tanzania's extractive sector. The study analysed the five selected BITs to which Tanzania is a signatory against the introduced section 11 of the Act.4 The findings suggest that Section 11 of the Act conflicts with the bilateral investment treaties to which Tanzania is a signatory. The University of Pretoria- Mastercard Foundation Scholars Program. Public Law LLM (Extractive Industries Law in Africa) Unrestricted Faculty of Laws SDG-16:Peace,justice and strong institutions 2024-02-23T09:15:38Z 2024-02-23T09:15:38Z 2024-05-16 2023 Mini Dissertation * A2024 http://hdl.handle.net/2263/94896 10.25403/UPresearchdata.25257295 en © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Bilateral Investment Treaties (BIT(s))
National Wealth and Resources
Permanent Sovereignty
Act No.5 of 2017 section 11
Permanent Sovereignty over Natural Resources (PSNR).
The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title_full The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title_fullStr The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title_full_unstemmed The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title_short The effect of section 11 of the natural wealth and resources (permanent sovereignty) act no 5 of 2017 on bilateral investment treaty protection in Tanzania
title_sort effect of section 11 of the natural wealth and resources permanent sovereignty act no 5 of 2017 on bilateral investment treaty protection in tanzania
topic UCTD
Bilateral Investment Treaties (BIT(s))
National Wealth and Resources
Permanent Sovereignty
Act No.5 of 2017 section 11
Permanent Sovereignty over Natural Resources (PSNR).
url http://hdl.handle.net/2263/94896