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Cap. 620 · National Foreign Direct Investment (Cap. 620)

Cap. 620 чл. 15Unwinding of investments.         Cap. 12.

PART V

В силаОфициален текст

(1) Where an investment is declared unwound, the

Office shall serve the foreign investor with its decision and shall allow reasonable time for the foreign direct investor to reverse or modify any such decision affecting the investment.

(2) Where a foreign investor fails to provide sufficient proof that any such decision affecting the investment according to sub-

article (1) has been revoked, the Office shall have the power, following the lapse of sixty (60) calendar days from date of service of the decision mentioned in sub-article (1), to commence any judicial proceedings which may be deemed necessary in terms of the Code of

Organization and Civil Procedure requesting a Civil Court of competent jurisdiction to revoke any such decision as may be required in order to prohibit or unwind the foreign direct investment, as the case may be.