|Year:||1988 (Oct 31st)|
|Date Effective:||1988 (Oct 31st)|
|Date Ended:||2007 (Nov 20th)|
|Policy Type:||Regulatory Instruments, Economic Instruments, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Bioenergy, Bioenergy>Biofuels for transport, Bioenergy>Biofuels for transport>Bioethanol|
|Legal References:||Decree 79-88|
The law aims to create the legal framework to regulate activities related to the production, storage, use, handling, transportation and marketing of fuel alcohol and its mixture.
The law creates a registry of biofuels producers and establishes the annual quota (volume of fuel alcohol) or overall target to supply the national market. It states that the prices will be set through the Domestic Trade Office (Direccion de Comercion Interior).
The law also establishes that producers are exempt from payment of import duties, customs duties and other related charges, including consular fees on machinery, equipment, spare parts, accessories, supplies, intermediate goods and additives.
|This record is superseded by:||Law for the Production and Consumption of Biofuels (Ley para la Producción y Consumo de Biocombustibles)|
In order to view a full versions of the Ethanol Law (Ley del Alcohol Carburante) of Honduras please click here.
Last modified: Fri, 24 Feb 2017 16:55:48 CET