Decree Law No. 88/2020
- Issuer: Presidency of the Council of Ministers
- Diploma Type: Decree Law
- Number: 88/2020
- Pages: 30 - 31
Summary in plain english
This decree-law amends the Support System for the Replenishment of Competitiveness and Productive Capacities in the municipalities of the Northern and Central regions affected by the fires.
Given the public health emergency of international scope, declared by the World Health Organization on 30 January 2020, as well as the classification, on 11 March 2020, of the COVID-19 disease as a pandemic, the Government has been approving a set of extraordinary and urgent measures in several matters.What is going to change?
The deadline for carrying out investment projects that have been proven to be affected by measures adopted within the framework of the COVID-19 pandemic may be extended exceptionally, up to 31 December 2021, provided that prior authorization is given by the respective Regional Coordination and Development Committee, after submission of a substantiated request by the beneficiary.What advantages does it bring?
This decree-law extends the deadline for completion of investments affected by the pandemic.When does it enter into force?
This decree-law enters into force on 17 October 2020.
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