TERMINATION OF INVESTMENT PROJECT MADE ON THE BASIS OF FALSE TRANSACTION
English Section

TERMINATION OF INVESTMENT PROJECT MADE ON THE BASIS OF FALSE TRANSACTION

Article 48.2(e) of the amended Law on Investment 2020 (the “2020 Investment Law”) reads:  “The investment licensing authority shall terminate the entire or a part of the investment project under the following circumstances:  […] e) The operation of investment conducted by the Investor based on the false civil transaction in accordance with the civil laws.[…]”…