Page 149 - Microsoft Word - FINAL COPY - A Legal Guide to Investing in Iraq _12-7-2015_ _6_.docx

amendments have added new privileges for
the investors and augmented the existing
ones through more precise language,
including:
1. Article 11/Second of the amendment has
added Item “Third” to the provisions of
Article 19 of the Law, which states:
“after obtaining an investment license,
investors are issued an investor
identification card whereby investors are
entitled to the privileges listed under the
guidelines and provisions issued by the
NIC and approved by the Council of
Ministers.”
2. The new amendment reinforces concepts
that support the legal status of investors
and their investment projects, including
Article 8 of the amendment, which
provides for cancelling Item “Third” of
Article 12 of the Law and replacing it
with the following:
A. Investment projects shall not be
seized or nationalized, except
through a fully legal ruling.
B. Ownership of investment projects
shall only be revoked for the public
good, fully or in part, and under just
representation.”
3. The Law strengthened the investor’s
position vis-à-vis the various sectors
against unexplained or arbitrary refusal
to grant investment license to an
investment project by giving the “One
Stop Shop” of the NIC the power to
submit a request to the NIC Chairman or
its Board of Directors to grant an
investment license in accordance with
the law as outlined in Article 12/First of
the amendment, which amended Item
“Second” of Article 20 as follows: “B,
after the period specified in paragraph
145
:‫دﻗﺔ ﻣﻨﮭﺎ‬
‫ﺛﺎﻧﯿﺎ ﻣﻦ اﻟﺘﻌﺪﯾﻞ اﻟﺘﻲ اﺿﺎﻓﺖ اﻟﺒﻨﺪ‬/11 ‫ﻣﺎﺟﺎءت ﺑﮫ اﻟﻤﺎدة‬.1
‫ ﻣﻦ اﻟﻘﺎﻧﻮن واﻟﺘﻲ ﺟﺎء ﻓﯿﮫ ) ﻣﻨﺢ‬19 ‫ﺛﺎﻟﺜﺎ اﻟﻰ ﻧﺺ اﻟﻤﺎدة‬
‫اﻟﻤﺴﺘﺜﻤﺮ ﺑﻌﺪ ﺣﺼﻮﻟﮫ ﻋﻠﻰ اﻻﺟﺎزة اﻻﺳﺘﺜﻤﺎرﯾﺔ ھﻮﯾﺔ‬
‫ﺧﺎﺻﺔ ﺑﺎﻟﻤﺴﺘﺜﻤﺮﯾﻦ ﯾﺘﻤﺘﻊ ﺑﻤﻮﺟﺒﮭﺎ ﺑﺎﻻﻣﺘﯿﺎزات ﺗﻨﻈﻢ‬
‫ﺑﺘﻌﻠﯿﻤﺎت وﺿﻮاﺑﻂ ﺗﺼﺪرھﺎ اﻟﮭﯿﺌﺔ اﻟﻮطﻨﯿﺔ ﻟﻼﺳﺘﺜﻤﺎر‬
.(‫وﯾﺼﺎدق ﻋﻠﯿﮭﺎ ﻣﺠﻠﺲ اﻟﻮزراء‬
‫ اﻋﺎد اﻟﺘﻌﺪﯾﻞ اﻟﺠﺪﯾﺪ اﻟﺘﺎﻛﯿﺪ ﻋﻠﻰ ﻣﻔﺎھﯿﻢ ﺗﺪﻋﻢ اﻟﻮﺿﻊ‬.2
‫اﻟﻘﺎﻧﻮﻧﻲ ﻟﻠﻤﺴﺘﺜﻤﺮ وﻣﺸﺮوﻋﮫ اﻻﺳﺘﺜﻤﺎري ﻣﻨﮭﺎ ﻧﺺ اﻟﻤﺎدة‬
‫ ﻣﻦ اﻟﺘﻌﺪﯾﻞ اﻟﺘﻲ ﻧﺼﺖ ﻋﻠﻰ إﻟﻐﺎء اﻟﺒﻨﺪ )ﺛﺎﻟﺜﺎ( ﻣﻦ اﻟﻤﺎدة‬8
:‫( ﻣﻦ اﻟﻘﺎﻧﻮن ﻟﯿﺤﻞ ﻣﺤﻠﮫ اﻻﺗﻲ‬12)
‫ ﻋﺪم اﻟﻤﺼﺎدرة او ﺗﺄﻣﯿـﻢ اﻟﻤﺸﺮوع اﻻﺳﺘﺜﻤﺎري‬.‫أ‬
‫ﺑﺄﺳﺘﺜﻨﺎء ﻣﺎ ﯾﺘﻢ ﺑﺤﻜﻢ ﻗﻀﺎﺋﻲ ﺑﺎت‬
‫ﻋﺪم ﻧﺰع ﻣﻠﻜﯿﺔ اﻟﻤﺸﺮوع اﻻﺳﺘﺜﻤﺎري اﻻ‬.‫ب‬
. (‫ﻟﻠﻤﻨﻔﻌﺔ اﻟﻌﺎﻣﺔ ﻛﻼ او ﺟﺰءا وﺑﺘﻌﻮﯾﺾ ﻋﺎدل‬
‫ ﻋﺰز اﻟﻘﺎﻧﻮن ﻣﻦ ﻣﻮﻗﻒ اﻟﻤﺴﺘﺜﻤﺮ أﻣﺎم اﻟﺠﮭﺎت اﻟﻘﻄﺎﻋﯿﺔ‬.3
‫وذﻟﻚ ﻓﻲ ﺣﺎﻟﺔ اﻟﺮﻓﺾ ﻏﯿﺮ اﻟﻤﺒﺮر او اﻟﺘﻌﺴﻔﻲ ﻟﻠﻤﺸﺮوع‬
‫اﻻﺳﺘﺜﻤﺎري وذﻟﻚ ﺑﻤﻨﺢ داﺋﺮة اﻟﻨﺎﻓﺬة اﻟﻮاﺣﺪة ﻓﻲ اﻟﮭﯿﺌﺔ‬
‫ﺻﻼﺣﯿﺔ ﺗﻘﺪﯾﻢ طﻠﺐ اﻟﻰ رﺋﯿﺲ اﻟﮭﯿﺌﺔ او ﻣﺠﻠﺲ اﻻدارة‬
‫ﻟﻐﺮض اﻟﻤﻀﻲ ﺑﺄﺻﺪار اﺟﺎزة اﻻﺳﺘﺜﻤﺎر وﻓﻘﺎ ﻟﻠﻘﺎﻧﻮن وھﺬا‬
‫ ﺣﯿﺚ ﻧﺼﺖ ﻋﻠﻰ‬،‫اوﻻ ﻣﻦ اﻟﺘﻌﺪﯾﻞ‬/ 12 ‫ﻣﺎﺟﺎءت ﺑﮫ اﻟﻤﺎدة‬
‫ وﻋﻠﻰ اﻟﻨﺤﻮ اﻻﺗﻲ‬20 ‫ ﻣﻦ اﻟﻤﺎدة‬/ ‫ﺗﻌﺪﯾﻞ اﻟﺒﻨﺪ ﺛﺎﻧﯿﺎ‬
‫ﻟﻠﻨﺎﻓﺬة اﻟﻮاﺣﺪة ﻓﻲ ﺣﺎﻟﺔ ﻣﺮور اﻟﻤﺪة اﻟﻤﺸﺎر اﻟﯿﮭﺎ ﺑﺎﻟﻔﻘﺮة‬.‫)ب‬
‫) أ ( ﻣﻦ اﻟﺒﻨﺪ )ﺛﺎﻧﯿﺎً( أﻋﻼه او ﻓﻲ ﺣﺎﻟﺔ اﻟﺮﻓﺾ ﻏﯿﺮ‬
‫اﻟﻤﺴﺒﺐ او اﻟﺮﻓﺾ اﻟﺘﻌﺴﻔﻲ ﻣﻦ ﻗﺒﻞ اﻟﺠﮭﺎت اﻟﻘﻄﺎﻋﯿﺔ ان‬
‫ﺗﻘﺪم ﺗﻮﺻﯿﺘﮭﺎ ﺑﻤﻨﺢ اﻻﺟﺎزة اﻻﺳﺘﺜﻤﺎرﯾﺔ اﻟﻰ رﺋﯿﺲ اﻟﮭﯿﺌﺔ‬
‫اﻟﻤﻌﻨﯿﺔ او ﻣﺠﻠﺲ اﻻدارة ﺣﺴﺐ اﻷﺣﻮال ﺑﻐﯿﺔ اﺻﺪارھﺎ‬
.(‫وﻓﻘﺎً ﻟﮭﺬا اﻟﻘﺎﻧﻮن‬