DEVELOPMENT LAW 1892/90(1)
ARTICLES 1-23 (CHAPTER A) AND ARTICLES 24-32 (CHAPTER B),
AND THE AMENDMENTS/SUPPLEMENTS OF LAW 2234/94(2)
(1) Law 1892/90 was published in Government Gazette 101/A/31.7.90 and
Law 2234/94 in Government Gazette 142/A/31.8.94
(2) Law 2234/94 ON MODERNIZATION AND DEVELOPMENT AND OTHER PROVISIONS amends and supplements the main development law 1892/90.
CHAPTER A (ARTICLES 1-23)
INCENTIVES FOR REALIZING PRODUCTIVE INVESTMENTS
Article 1 DEFINITION OF THE TERM ÒPRODUCTIVE INVESTMENTS
Article 2 ELIGIBLE UNDERTAKINGS
Article 3 DEVELOPMENT AREAS
INVESTMENT GRANTS
Article 4
CONTENT OF GRANT
CONDITIONS AND RESTRICTIONS
CONCERNING THE AWARD OF INVESTMENT GRANTS
Article 5
OWN PARTICIPATION
Article 6 PROCEDURE FOR THE AWARD OF INVESTMENT GRANTS
Article 7 SIZE OF GRANT - APPROVAL PROCEDURE
Article 8 ADVISORY COMMITTEES AND MONITORING BODIES
Article 9 SPECIAL INVESTMENTS
Article 10 STATE PARTICIPATION IN GRANT-AIDED UNDERTAKINGS AND TRANSFER OF THE STATEÕS RIGHTS
INTEREST SUBSIDY
Article 11
CONTENT AND EXTENT OF THE INCENTIVE
TAX ALLOWANCES
Article 12
CONTENT AND EXTENT OF THE INCENTIVE
Article 13 PREREQUISITES FOR TAX ALLOWANCES
Article 14 TAXATION OF ALLOWANCES
INCREASED DEPRECIATION RATES
Article 15
CONTENT AND EXTENT OF THE INCENTIVE
Article 16 INCREASED DEPRECIATION ALLOWANCES AND TAXATION
Article 17 SETTLEMENT OF DISPUTES
Article 18 RETURN OF GRANT
Article 19 TAX ALLOWANCES FOR THE LEASING OF EQUIPMENT
Article 20 FORMATION OF SPECIAL TAX-FREE INVESTMENT RESERVE
Article 21 TAX INCENTIVES FOR COMMERCIAL UNDERTAKINGS
Article 22 ISSUING OF INSTALLATION PERMITS
Article 23
Refairs to investments of past years concerning which information may be obtained
(according to the case in question) from the National Economy Ministry (General
Directorate for Private Investments).
CHAPTER B (ARTICLES 24-32)
JURIDICAL ACTS IN BORDER
AREAS OF LAW 1892/90
Article 24 NOTION OF BORDER AREAS
Article 25 PROHIBITION OF JURIDICAL ACTS
Article 26 PROCEDURE FOR THE LIFTING OF PROHIBITIONS
Article 27 LIFTING OF PROHIBITIONS
Article 28 ACQUISITION OF REAL OR CONTRACTUAL RIGHTS
Article 29 ACQUISITION OF REAL OR CONTRACTUAL RIGHTS
Article 30 NULLITY
Article 31 ABOLISHED PROVISIONS
Article 32 DEMARCATION OF AREAS