The Committee on European Integration concluded that the Bill on Amendments to the Law "On Investment Operations" (re Harmonization of Terminology) conforms to the European Law

12 October 2011, 17:38

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The mechanism of registration of investment projects/project (investment) proposals which require state support will be implemented to strengthen state assistance of the investment activity oriented at the innovation-investment model of economic development of Ukraine.

 

The committee members stressed that amendments to clause 3 of the law "On Investment Operations" regarding definition of the term ‘investment operations´ do not contradict Directive 2004/39/EC of The European Parliament and of the Council on markets in financial instruments, while the suggested term ‘investment project´ in item 3 of the law "On Investment Operations" conforms to the Commission Regulation (EC) No 1628/2006 on the application of Articles 87 and 88 of the Treaty to national regional investment aid.

 

The draft is registered under Reg. No.9024.