Article 8
Competences and aid application procedures

12. Business plans under sub-instance (xv) of in-stance (a), sub-instance (v) of instance (e) and sub-instance (xii) of instance (g) of para. 1, article 3, sub-mitted yearly, shall be reviewed by the competent de-partment and advisory committee in terms of their vi-ability and the undertaking's dynamism in their current situation, in the first phase. Business plans proposed by undertakings which are not deemed viable or may be deemed viable but do not come up to the expected standard of dynamism in their current situation, as de-fined by the regulatory decision under para. 2 of article 7, shall be rejected. For undertakings which are deemed viable and come up to the expected standard of dynamism, there shall be a second evaluation phase, during which their business plans shall be grouped in two sectors, manufacturing and services, and marked on the basis of the common criteria under instance (b) of para. 1, article 7, as well as of the rele-vant additional criteria set by the joint ministerial deci-sion under para. 2 of the same article above. They shall then be ranked pursuant to the total marks they have gathered placing on top those with the highest marking. All business plans on the top places shall be made eligible for the provisions herein until the amount of grants set for such business plans that year is covered. If during the approval of business plans entered in the table the remaining amount of grants is not enough to cover all business plans with the same marks, all such business plans shall be approved de-spite exceeding the set amount of grants.
Business plans coming under the last approved one on the table shall be rejected.
13. Every investment implemented abroad, under para. 2 of article 3, shall be reviewed in terms of its vi-ability on the basis of the criteria under instance (a) of para. 1, article 7. Non viable investments shall be re-jected. Investments deemed viable shall be made eli-gible for the provisions herein, provided that they are equally deemed to contribute, as much as possible, to the enhancement of productive procedures in border areas of the countries where such investments shall be implemented and the maintenance of local popula-tions in their place of residence, and on condition that the amount of grants allocated to such investments that year suffices. Any viable investment which shall not be deemed to contribute, as much as possible, to the enhancement of productive procedures and the maintenance of local populations shall be rejected.
If during the review and approval procedures of such investments, the set amount of grants allocated that year is exhausted, any applications the review and approval procedures of which had not been completed by the competent departments and advisory commit-tees by the time the said amount has been exhausted, they shall be reviewed for eligibility in the following year based on the amounts of grants set for that year, prior to the review of applications submitted after January 1st of that year.
14. Decisions on the eligibility of investments and/or equipment leasing programs or business plans for the grant or interest subsidy or leasing subsidy shall be issued:
(i) by the Minister of National Economy, in case of investments and/or equipment leasing programs or rescue and restructuring business plans submitted to the Central Office of the Ministry of National Econ-omy, under sub-instance (1) of instance (a) of para. 1 above, as well as in case of investments and/or equipment leasing programs submitted through ELKE and reviewed by the Central Office of the Ministry of National Economy;
(ii) by the Minister of Development, in case of: in-vestments under sub-instances (xvii), (xviii), (xix), (xx) and (xxi) of instances (a) and (f) of para. 1, article 3, as well as 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 of the same ar-ticle;
(iii) by the General Secretaries of the Regional Au-thorities, in case of investments and/or equipment leasing programs implemented within each Region and submitted to the Private Investments Department of the Region under sub-instance (2) of instance (a) of para. 1 above;
(iv) by the Chairman of EOMMEX, in case of in-vestments and/or leasing programs of craft industry equipment submitted to EOMMEX under sub-instance (3) of instance (a) of para. 1 above.
The above competent authorities as per case shall also issue decisions on amendment, completion and/or certification of commencement of the produc-tive operation, revocation of approvals and return of paid aids, as well as on the transfer of undertakings or stock or company shares, with respect to investments and/or equipment leasing programs or business plans on which they have issued relevant decisions on their eligibility.
15. A summary of the decision on eligibility, contain-ing the details of the undertaking, the scope, the cost of the investment and/or equipment leasing programs or business plan, the percentage and amount of grant and/or interest subsidy and/or leasing subsidy, as well as the number of jobs to be created, shall be pub-lished in the Government Gazette. There is no re-quirement of publishing summaries of decisions on extensions of completion time limits or amendments that do not affect the amount of grant and/or interest subsidy and/or leasing subsidy and the number of new jobs. Any change in the terms and conditions of the decision may be made following relevant request of the organisation.

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