Afrindustria/ Gas Gap Monitor

Library / Page 1 of 35 MIDSTREAM PETROLEUM HOST COMMUNITIES DEVELOPMENT TRUST REGULATIONS, 2024

Page 1 of 35 MIDSTREAM PETROLEUM HOST COMMUNITIES DEVELOPMENT TRUST REGULATIONS, 2024

Page 16 of 35

Open the PDF at page 16

 
 
 
 
Page 16 of 35 
 
(e) 
social, 
environmental 
and 
economic 
needs 
of 
the 
community; and 
(f) 
such other needs of the host communities as the designated 
facility owner or licensee may determine. 
 
(5) 
The host communities needs assessment shall demonstrate 
that the licensee has complied with the provisions of section 251(3) 
of the Act. 
 
(6) 
The host communities needs assessment shall form the basis 
for the Host Communities Development Plan. 
 
(7) 
The licensee shall not later than 30 days from the completion 
of the host communities needs assessment prepare and submit to 
the Authority for approval a host communities development plan 
pursuant to section 252 of the Act.  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
21. The host communities development plan shall -  
(a) 
specify the communities   development 
initiatives required to respond to the findings and 
strategy identified in the host communities needs 
assessment; 
(b) 
determine 
and 
specify 
the 
projects 
to 
implement the specified initiatives; 
(c) 
provide a detailed timeline for projects; 
(d) 
set out the reasons and objectives of each 
project as supported by the host communities needs 
assessment; 
(e) 
provide for ongoing review and reporting to the 
Authority; and  
(f) 
contain such other matters as may be 
prescribed by the Authority from time to time.  
(2) 
The Authority may publish a template of the host 
communities development plan on its website. 
 
(3) 
An approved host communities development plan 
shall not be amended without written approval of the 
Authority. 
 
Host 
Communities 
Development 
Plan 
22 
(1) The licensee, in consultation with the board of trustees, shall set 
out a fund distribution matrix for the utilisation of the fund. 
Fund 
Distribution 
Matrix