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Law of Georgia on Promotion and Guarantees of Investment Activity (No. 473-IS of 1996)

País/Territorio
Georgia
Tipo de documento
Legislación
Fecha
1996 (2019)
Fuente
FAO, FAOLEX
Fuente original
240.080.000.05.001.000.178
Materia
Agricultura y desarrollo rural, Medio ambiente gen., General
Palabra clave
Medidas financieras agrícolas Protección del medio ambiente Desarrollo agrícola Salud pública Negocios/industria/corporaciones Sustancias peligrosas Radiación Residuos peligrosos Comercio internacional Transporte/depósito Investigación Contaminación oleosa Energía nuclear
Área geográphica
Asia, Mar Negro, Europa Oriental, Europa, Europa y Central Asia, Asia Occidental
Resumen

This Law determines legal grounds for the implementation of both foreign and local investments in the territory of Georgia and guarantees for their protection. This Law is intended to define a legal order to promote investments. According to the Law, investors shall be obligated to carry out activities according to the legislation of Georgia, including the legislation related to environment and health protection. It shall be prohibited to invest in a) development, production and distribution of nuclear, bacteriological and chemical weapons; b) construction of polygons for testing nuclear, bacteriological and chemical weapons; c) import of nuclear and hazardous waste from foreign countries for recovery and disposal; d) research works related to human cloning; e) production of narcotic drugs; f) cultivation of soporific poppies, coca bushes and cannabis plants; g) activities prohibited by the international agreements of Georgia; h) the import or sale of leaded petrol (over 0.013 grams per litre), tetraethyl lead, as well as falsified (non-standard) domestic liquefied gas (investing in import of tetraethyl lead shall be permitted only in necessary cases allowed by production technology). The Law is divided into 17 articles.

Texto completo
Georgiano/Inglés
Página web
matsne.gov.ge