Article 5
Definition of aids provided
For area A and subject to the provisions of para. 3 of this article,
no interest subsidy and tax allowance shall be provided to old organisations.
3. Exceptions to the general rules for he provision of the aids
specified in paragraphs 1 and 2 above.
Notwithstanding what is specified in paragraphs 1 and 2 above:
a. For the establishment or expansion of hotel facili-ties, the
following aid rates shall be provided for all ar-eas, except area
A:
|
Area
|
Grant rates
|
Interest sub-sidy rates
|
Leasing subsidy rates
|
|
D
|
25%
|
25%
|
25%
|
|
C
|
15%
|
15%
|
15%
|
|
B
|
-
|
-
|
-
|
or alternatively:
|
Area
|
Tax allowance rate (tax-free reserve)
|
Interest subsidy rates
|
|
D
|
60%
|
25%
|
|
C
|
40%
|
15%
|
|
B
|
-
|
-
|
b. For the complete modernisation of hotel facilities and camping
facilities, uniform aid rates shall be pro-vided for all areas,
including area A, as follows:
(i) Grant 25%
(ii) Interest subsidy 25%
(iii) Leasing subsidy 25%
or alternatively
(i) Tax allowance 60%
(ii) Interest subsidy 25%
c. For the conversion of traditional or listed buildings into hotel
facilities, uniform aid rates shall be provided for all areas, including
area A, as follows:
(i) Grant 40%
(ii) Interest subsidy 40%
(iii) Leasing subsidy 40%
or alternatively
(i) Tax allowance 100%
(ii) Interest subsidy 40%.
d. 1) For conference centres, ski centres, spa facili-ties, marinas,
thalassotherapy, health tourism and training-sports tourism centres,
uniform aid rates shall be provided for all areas, including area
A, as follows:
(i) Grant 35%
(ii) Interest subsidy 35%
(iii) Leasing subsidy 35%
or alternatively
(i) Tax allowance 70%
(ii) Interest subsidy 35%.
2) Especially for independent conference centres created outside
of hotel installations, as well as for golf courses, uniform aid
rates shall be provided for all areas, including area A, as follows:
(i) Grant 40%
(ii) Interest subsidy 40%
(iii) Leasing subsidy 40%
or alternatively
(i) Tax allowance 100%
(ii) Interest subsidy 40%.
