Common Contracts

1 similar State Agreement contracts

State Agreements and Resources Operations
State Agreement • February 22nd, 2021

[1] A State Agreement is the legislative approval of a contract between the executive government and a company to build/operate a specified development. Most State Agreements comprise a long contract between the company and the executive (eg. Minister, Premier) which is scheduled to a short covering statute documenting the legislature’s approval. This enables government and company to structure regulation for the operation where existing law is absent or inappropriate.1