Myanmar News: Legal Update Q1/2016


Legal Update Q1/2016

Legal Update Q1/2016

In its last sessions, the outgoing parliament has passed a total of 25 new laws:

(1) Law Amending to the Myanmar Lighthouse Act
(2) Public Debt Management Law
(3) Road Transportation Business Law
(4) Railway Transportation Business Law
(5) Arbitration Law
(6) Law Amending the Penal Code
(7) The Third Time Amending Law to Pyithu Hluttaw Election Law
(8) The Third Time Amending Law to Ahmyothar Hluttaw Election Law
(9) The Third Time Amending Law to State or Region Hluttaw Election Law
(10) The Legal Aid Assisting Law
(11) The Special Commodity (Goods) Tax Law
(12) The Law Amending the Factories Act, 1951
(13) The Second Law Amending to the Ward and Village Tract Administration Law
(14) The Pesticide Law
(15) The New Generation of Plants (Seedling) Protection Law
(16) The Law Amending to the Code of Criminal Procedure
(17) Payment of Wages Law, 2016
(18) Shops and Establishments Law, 2016
(19) National Planning Law, 2016-2017
(20) The Financial Institution Laws
(21) The Union Budgets Law, 2016
(22) The Union Revenue (Tax) Law, 2016
(23) The Second Law Amending to Myanmar Gems Law
(24) The Condominium Law
(25) Law Relating to the Person Retired President of Union
(26) Please find below a summary of the most important new laws, as well as the most recent ministerial notifications.

  • Arbitration Law 2016
  • Union Tax Law 2016 and Notification
  • 18/2016 amending the Commercial Tax
  • Regulations 2011
  • Shops and Establishments Law 2016
  • Condominium Law 2016
  • Notification 26/2016 concerning
  • Foreign Investments