This form may be used when First Party and Second Party are entering into an Agreement for the purpose of protecting the confidentiality and proprietary nature of information and documentation to be furnished by First Party to Second Party regarding the potential sale of Oil and Gas Leases.
Virgin Islands Confidentiality Agreement on Information About Leases offered For Sale
Category:
State:
Multi-State
Control #:
US-OG-198
Format:
Word;
Rich Text
Instant download
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How to fill out Confidentiality Agreement On Information About Leases Offered For Sale?
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FAQ
The British Virgin Islands' Data Protection Act, 2021 (DPA) came into force on 9 July 2021. The DPA is the primary legislation and the first legislative framework of its kind in the British Virgin Islands to govern how public and private bodies may process personal data.
The BVI Consumer Protection Act aims to protect consumers from unfair business practices by establishing adequate safeguards on product safety, unfair contract terms and misleading advertising or marketing material.
The law of the British Virgin Islands is a combination of common law and statute, and is based heavily upon English law.
British Virgin Islands contract law is almost entirely based upon English common law. The British Virgin Islands has no equivalent of the Contracts (Rights of Third Parties) Act 1999, and applies strict privity of contract. Similarly there is no equivalent to the Unfair Contract Terms Act 1977 in the territory.
The Act contains a number of specific features which are designed to make the British Virgin Islands more attractive as an offshore financial centre. These include: considerably restricting the requirement for corporate benefit. abolishing financial assistance in relation to company shares.
The British Virgin Islands is a common law jurisdiction, although British Virgin Islands law and procedure differs to a great degree from English law because of local statutes, orders and civil procedure rules.
The British Virgin Islands' Data Protection Act, 2021 (DPA) came into force on 9 July 2021. The DPA is the primary legislation and the first legislative framework of its kind in the British Virgin Islands to govern how public and private bodies may process personal data.
