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The Embassy of the Republic of Sudan

The National Investment Encourangement Act 2013

 

In accordance with Article 109 (1) of the Sudan Interim Constitution 2005, the President of the Republic issued the following provisional decree :

CHAPTER I

PRELIMINARY PROVISIONS

Name and Commencement of Provisional Decree

1. This provisional decree shall be citied as ” The National Investment Encourangement Act 2013″ and shall enter into force as from time of signature.

Repeal and Saving

2.- (1) The Investment Encourangement Act ,1999, shall be repealed.

(2) Without prejudice to the provisions of s. (1), all regulations, orders, decisions, licences, priviileges, guarantees, and exemptions issued in accordance with the mentioned Act in s. (1) shall remain in force, until repealed, or amended in accordance with this Act.

Application

3- The provisions of this act shall apply as to such extent as may achieve the objectives there of, provided that the provisions of the same shall not prejudice such privileges, exemptions and gurantees prescribed to the existing projects at the time of commencement of this Act.

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