Material Payments

Important or relevant revenue streams. The EITI requires that all material benefit streams be published. According to the EITI Validation guide, a benefit stream is “material if its omission or misstatement could materially affect the final EITI Report.” It is typically the responsibility of the national multi-stakeholder group to decide how to define material in quantitative or qualitative terms.

(Source Extractives Industries Transparency Initiative, Glossary, consulted November 2013).