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LAW OF THE REPUBLIC OF MOLDOVA

of November 3, 1995 No. 626-XIII

About the free enterprise zone of Tvardits *

(as amended on 10-09-2024)

The parliament adopts this law.

Article 1. General provisions

(1) within the territory occupied by collective agricultural enterprise "Tvarditsa" the free enterprise zone of Tvardits (further - free zone is created) for the term of 30 years.

(2) For the purpose of creation and functioning of free zone the parcel of land Ploshchad 3,57 of hectare which is under authority of primeriya of the village of Tvarditsa of the area Tarakliya for implementation of activities for social and economic development of the territory of free zone is transferred to use of its Administration.

(3) Borders and configuration of free zone are specified in cadastral plans of these territories constituted according to the cadastral legislation and this law.

(4) the Rights and obligations of Administration of free zone as the land user are regulated by the land legislation.

Article 2. Management of free zone

(1) For management of free zone the Government forms the state body which is referred to as with Administration, having the status of the legal entity and operating on the principles of self-financing.

(2) the Structure, functions and amount of powers of Administration are established by the Law on free enterprise zones and the Regulations on the free enterprise zone of Tvardits approved by the Government.

Article 3. Activities in free zone

The procedure for selection of residents, the permitted types of activity, the customs, tax, currency, visa and registration modes, employment relationships and social protection in free zone are established by the Law on free enterprise zones.

Article 4. Termination of activities of free zone

(1) the Free zone stops the activities after functioning term.

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