Article 8
Competences and aid application procedures
6. a) It is not possible for one organisation to submit applications
to more than one departments or bodies for investments and/or leasing
programs or business plans which are basically the same, and differ
only in terms of cost or individual proposed investment plans regarding
the same production plant.
In case more than one applications are submitted, according to the
above, as well as in case of an appli-cation seeking eligibility
of an entire investment or leasing program or business plan, or
part thereof, which has already been made eligible for the grant
or interest subsidy and/or leasing subsidy of these pre-sents or
Law 1892/1990, all such applications shall not be considered as
submittals nor reviewed nor shall the amount paid under para. 4
above be refunded.
b) Any company the business plan of which has been made eligible
for the provisions of these pre-sents or Law 1892/1990, may not
submit, throughout the period of execution thereof, an application
seeking eligibility of any investment and/or equipment leasing program,
concerning the products included in the business plan in progress,
to any department or body. Should such an application be submitted,
it shall not be considered as submittal nor reviewed nor shall the
amount paid under para. 4 above be refunded.
7. Applications are evaluated by the competent de-partment or body
to which they have been submitted or, in case of applications submitted
through ELKE, by the competent department of the Ministry of National
Economy or General Secretariat for Industry of the Ministry of Development,
accordingly. For applications submitted through ELKE, the Centre
prepares a documented feasibility report, which shall be for-warded
to either the Private Investments Department of the Ministry of
National Economy or the competent department of the General Secretariat
for Industry of the Ministry of Development.
8. a) The review and eligibility processes of each application,
in order for an investment and/or equip-ment leasing program to
be made eligible by the com-petent department and advisory committee,
shall be concluded within three (3) months from the date of submission;
the relevant decision shall be issued not later than thirty (30)
working days from the issue of opinion of the advisory committee,
and a summary thereof shall be published in the Government Gazette
in the same period. The applications shall be pre-sented to the
competent advisory committee in the or-der of precedence in which
they have been submitted.
b) The review and eligibility processes regarding in-vestments under
sub-instances (xvii), (xviii), (xx) and (xxi) of instance (a), as
well as of investments under instance (f) of para. 1, article 3,
by the competent de-partment and advisory committee, shall be concluded
not later than July 31st of each year; the relevant de-cisions shall
be issued not later than thirty (30) days from that date, and a
summary thereof shall be pub-lished in the Government Gazette in
the same period.
9. (a) The review and eligibility processes regarding business plans
under sub-instance (xv) of instance (a), sub-instance (v) of instance
(e) and sub-instance (xii) of instance (g) of para. 1, article 3,
by the compe-tent department and advisory committee, shall be concluded
not later than July 31st of each year; the relevant decisions shall
be issued not later than thirty (30) days from that date, and a
summary thereof shall be published in the Government Gazette in
the same period.
(b) The review and eligibility processes regarding any structuring
and reengineering business plan by the competent department and
advisory committee, shall be concluded not later than six (6) months
after the date of submission of application; the relevant de-cision
shall be issued not later than thirty (30) days from the issue of
opinion of the advisory committee, and a summary thereof shall be
published in the Gov-ernment Gazette in the same period. The applications
shall be presented to the competent advisory commit-tee in the order
of precedence in which they have been submitted.
10. (a) The evaluation of investments and/or equip-ment leasing
programs shall be effected by the ser-vice competent as per case
or EOMMEX, accordingly.
Especially, in case of investments and/or equipment leasing programs
in excess of Drs. 5 billion, evalua-tion may be assigned to two
independent expert evaluators of acknowledged authority. Each evaluator
shall submit a complete evaluation report to the com-petent department
of the Ministry of National Econ-omy, which reports to the competent
Advisory Com-mittee under para. 17. The award procedures, maxi-mum
number of investment plans that may be as-signed per evaluator yearly,
delivery deadlines as well as any other detail, required for the
application of this paragraph, shall be determined by decisions
of the Minister of National Economy.
