Myanmar Investment Law (Draft) 2016

Myanmar Investment Law (Draft)

(2016, PyidaungsuHluttaw Law No. 40)

2nd, Waning of Thadingyut, 1378 M.E. (18, October, 2016)

The Pyidaungsu Hluttaw hereby enacts this Law.

(Unofficial Translation October 10, 2016)

Chapter (1)

Title and Definition

1. This Law shall be called the Myanmar Investment Law.

2. The following expressions contained in this Law shall have the meanings given here under:

• (a) Union means the Republic of the Union of Myanmar.
• (b) President means the President of the Republic of the Union of Myanmar.
• (c) Government means Union Government of the Republic of the Union of Myanmar.
• (d) Ministry means the Ministry of Planning and Finance.
• (e) Commission means the Myanmar Investment Commission formed under this Law.
• (f) Member means any members of the Myanmar Investment Commission, including the Chairman and the Vice-Chairman.