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Two New Laws in the Gazette

rocky
rocky
NNP TEAM
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Posts : 189662
Join date : 2012-12-21

Two New Laws in the Gazette Empty Two New Laws in the Gazette

Post by rocky on Wed 24 Sep 2014, 8:57 am

Two New Laws in the Gazette
 
 
Investment system No. (2) of 2009 (as amended)
in 
Economics
 
Federal
 
Type of Law: 
 Regulations
 
Date Issued: 
 2 Mar 2009
 
Date Published: 
 2 Mar 2009
 
Status: 
 In force
 
Summary: 
----------------
 
According to the provisions of subsection (iii) of Article (80) of the Constitution and the item (I) of Article (30) of the Investment Law No. (13) for the year 2006  
issued the following order: 
 
No. (2) for the year 2009
 
The following appears to be the ammendment
 
 
Edit item (iii) of this article under the First Amendment of the investment system No. (6) for the year 2014

Article - 37. holds the body as follows:  
First - determine the date of commencement of commercial operation and have for the sake of having access to the necessary documents and field visits to determine that.  
Secondly - Media General Authority for taxes and other entities related to the date of commencement of commercial operation.  
Thirdly - granting of investment licenses for investment projects located in the region or the province is part of a region and where there is no body or investment unfinished lineup where the Board of Directors after the passage of (45) forty-five days to the expiration of the membership of the board of directors. 
Fourthly - adjustment of the minimum capital project covered tightly investment law in the light of changes in the level of inflation and exchange rates or any other reasons that you see on the aggregated approval of the Council of Ministers on this amendment. 

Fifthly - adjustment of the minimum capital of some of the projects the exception of the provisions of clause (iii) of Article (1) of this system and in line with the strategic plan after obtaining the approval of the Council of Ministers on the amendment. 

Article - 38 - for the investor to object to the decision of the required date of commencement of commercial operation before the President of the Commission within ten (10) days from the date of Althblg him and the Chairman of the Commission to decide on the objection within (15) fifteen days from the date of its receipt. 

Article - 39. body is a report on the extent and nature of the project feasibility and the interest generated by the national economy to take advantage of it when determining the duration of leasing or renewal. 
Article - 40 - may issue instructions and internal systems to facilitate the implementation of the provisions of this Regulation. 
Article - 41 - this system is implemented from the date of its publication in the Official Gazette. 
Nuri Kamal al-Maliki  
, Prime Minister 
 
 
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