Article 5
Definition of aids provided

1. Subject to the provisions of para. 3 below, of para. 2, article 6, and of instance (f), of para. 10, arti-cle 6, aids alternatively provided to new organisations shall be:
a. Grant on expenditures and interest subsidy of medium and long term investment loans, as well as leasing subsidy, depending on the case, as follows:

Area
Grant rate on expen-diture
Interest subsidy rate of the investment loans of the aided investment
Leasing subsidy rate, calculated on the acquisition value of the aided equipment by the leasing company
D
40%
40%
40%
C
30%
30%
30%
A
15%
15%
15%

For area A and subject to the provisions of para. 3 of this article, no grant, interest subsidy and leasing sub-sidy shall be provided to new organisations.
b. Interest subsidy of medium and long term invest-ment loans, and tax allowance on the value of aided expenditures and the value of the new mechanical and other equipment leased, from the date these presents shall come into effect, as follows:

Area
Interest subsidy rate of the investment loans of the aided investment
Tax allowance rate (tax-free reserve) on the value of the aided investment and/or the total equipment leasing amount
D
40%
100%
C
30%
70%
B
15%
40%

For area A and subject to the provisions of para. 3 of this article, no interest subsidy and tax allowance shall be provided to new organisations.

2. Aids provided to old organisations, subject to the provisions of para. 3, below:
Old organisations shall receive interest subsidy of medium and long term investment loans, of a term no less than four years, and tax allowance on the value of aided expenditures implemented from the date these presents shall come into effect, and/or the total leas-ing amount of equipment from the date these presents shall come into effect, as follows:

Area
Interest subsidy rate of the invest-ment loans of the aided investment
Tax allowance rate (tax-free reserve) on the value of the aided in-vestment and/or the to-tal equipment leasing amount
D
40%
100%
C
30%
70%
B
15%
40%

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