Decree Law February 24, 2011 42 - Extension Benefits Of Which At Law August 3, 2009 109 - A Facilitated Credit Extraordinary Support Of Activities

Original Language Title: Decreto Legge 24 Febbraio 2011 N.42 - Proroga Benefici Di Cui Alla Legge 3 Agosto 2009 N.109 - Credito Agevolato Straordinario A Sostegno Delle Attivit

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DRAFT DECREE LAW REPUBLIC OF SAN MARINO DECREE - LAW 24 February 2011 42 We the Captains Regent of the Most Serene Republic of San Marino Given the assumptions of need and urgency in art. 2, paragraph 2, point b), of the Constitutional Law 15 December 2005 n. 183 and art. 12 of the Qualified Law 15 December 2005 n. 184, namely the necessity and the urgency to extend the eligibility period to the benefits of Law August 3, 2009 n. 109 in order to include also those which have not been able to perfect on time; Given the decision of the State Congress adopted in the sitting # 6 of 18 February 2011; Having regard to Article 5, paragraph 2, of the Constitutional Law no. 185/2005 and Article 9 and Article 10, paragraph 2, of the Qualified Law n.186 / 2005; We promulgate and publish the following Decree-Law: EXTENSION OF BENEFITS OF THE LAW August 3, 2009 109 - EASY CREDIT EXTRAORDINARY IN SUPPORT OF ECONOMIC ACTIVITIES Art. 1 Subject to the maximum amount payable financing referred to in Article 1 , paragraph 2, of the Law 109 of August 3, 2009, the period referred to in Article 5, paragraph 1 thereof and in Article 1, first paragraph, the related Regulations of 22 October 2009 n. 2, already patched with Article 27, paragraph 2, of Law 168 of 21 December 2009 and Article 24 of Decree Law 172 of 26 October 2010, shall be extended to 31 March 2011. Art. 2 The questions relating to object the funding of the projects referred to in Article 4, paragraph 2, letter e) of law 109 of August 3, 2009, they are also eligible in the absence of the requirements of Article 3, paragraph 2, of the Act. In the cases referred to in the preceding paragraph, the request may be submitted by companies costituende still not operational or persons who intend to acquire the company. The subjects referred to in the second paragraph of presenting the request must still meet the remaining requirements of the Law n. 109/2009 and subsequent amendments including the presentation of the company's project. Payment of the funding is still subject to the completion of the procedures for acquiring the company or business unit and the start of economic activity. In the cases covered by this Article shall be financed investment tended to buy the company or branch of the company has any further investment detectable by the company project fall within the types provided for in Article 4 of Law n. 109/2009. Given at Our Residence, this day of 24 February 2011/1710 THE CAPTAINS REGENT Giovanni Francesco Ugolini - Andrea Crocuses THE SECRETARY OF STATE FOR INTERNAL AFFAIRS Valeria Ciavatta

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