On 29 May 2020, the National Assembly of the Republic of Slovenia adopted the Intervention Act for the Elimination of Barriers in the Implementation of Significant Investments for the Launch of the Economy After the COVID-19 Epidemic (IZOOPIZG, hereinafter referred to as: Act). The Act is valid from 31.5.2020.
The purpose of the Act is to enable the accelerated launch of significant investments in the Republic of Slovenia as soon as possible after the end of the COVID-19 epidemic, by accelerating the implementation of significant investments of the state, municipalities and the private sector in key investment sectors, which will enable faster recovery of the Slovenian economy.
The Act sets out (i) the criteria for determining significant investments for the launch of the economy after the epidemic, (ii) the mode of operation and coordination of permit procedures, opinions and decisions based on sectoral regulations, and (iii) conditions for removing barriers and for effective implementation of significant investments.
Below we present you with the answers to the most pressing questions regarding the novelties of the new regulation (please click on the below link):
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Our law firm is actively following the latest COVID-19 developments. As always, you can contact us via e-mail or telephone +386 (0)1 2445500, or you can directly contact the lawyer you are generally in contact with.
Law Firm Kavčič, Bračun & Partners, o.p., d.o.o
Ljubljana, 2 June 2020
All information contained herein is based on applicable law or obtained from publicly available data or other sources believed to be reliable. This document is for general information purposes only, may be subject to change and may not be used instead of a legal opinion/advice. KBP does not guarantee the accuracy of the information and shall not be liable for any damages or costs in connection with the use of, or reliance on, the information contained herein.