(1) The following laws shall not apply to the WAGP Company, a buyer, a seller, a shipper or a project contractor in respect of the Project:

(a) the Energy Commission Act, 1997 (Act 541) and any Regulations made under that Act;

(b) the Ghana Investment Promotion Centre Act, 1994 (Act 478); and

(c) subject to section 33(3), the Exchange Control Act, 1961 and any Regulations made under that Act.

(2) To the extent that the provisions of this Act are inconsistent with the provisions of any other law of Ghana other than the Constitution, the provisions of this act shall prevail.