# C_2016203EN.01005901.xml

| | EN | Official Journal of the European Union | C 202/59 |
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EN

Official Journal of the European Union

C 202/59

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ANNEX III

ADVANTAGES WHICH MAY BE CONFERRED ON JOINT UNDERTAKINGS UNDER ARTICLE 48 OF THIS TREATY

ADVANTAGES WHICH MAY BE CONFERRED ON JOINT UNDERTAKINGS UNDER ARTICLE 48 OF THIS TREATY

| 1. | (a) | Recognition that public interest status in conformity with the national laws applies to the acquisition of immovable property required for the establishment of Joint Undertakings. |
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1.

(a)

Recognition that public interest status in conformity with the national laws applies to the acquisition of immovable property required for the establishment of Joint Undertakings.

| (b) | Application of national procedure for compulsory acquisition on the grounds of public interest, so that such acquisition may be effected where amicable agreement has not been reached. |
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(b)

Application of national procedure for compulsory acquisition on the grounds of public interest, so that such acquisition may be effected where amicable agreement has not been reached.

| 2. | The right to be granted licences, either through arbitration or under compulsory powers as provided in Articles 17 to 23. |
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2.

The right to be granted licences, either through arbitration or under compulsory powers as provided in Articles 17 to 23.

| 3. | Exemption from all duties and charges when Joint Undertakings are established and from all duties on assets contributed. |
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3.

Exemption from all duties and charges when Joint Undertakings are established and from all duties on assets contributed.

| 4. | Exemption from all duties and charges levied upon acquisition of immovable property and from all registration and recording charges. |
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4.

Exemption from all duties and charges levied upon acquisition of immovable property and from all registration and recording charges.

| 5. | Exemption from all direct taxes to which Joint Undertakings, their property, assets and revenue might otherwise be liable. |
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5.

Exemption from all direct taxes to which Joint Undertakings, their property, assets and revenue might otherwise be liable.

| 6. | Exemption from all customs duties and charges having equivalent effect and from all prohibitions and restrictions on imports or exports, whether of an economic or of a fiscal nature, with regard to:






  (a) | scientific and technical equipment, excluding building materials and equipment for administrative purposes; |
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6.

Exemption from all customs duties and charges having equivalent effect and from all prohibitions and restrictions on imports or exports, whether of an economic or of a fiscal nature, with regard to:

(a)

scientific and technical equipment, excluding building materials and equipment for administrative purposes;

| (b) | substances which have been or are to be processed in the Joint Undertaking. |
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(b)

substances which have been or are to be processed in the Joint Undertaking.

| 7. | Exchange arrangements provided for in Article 182(6). |
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7.

Exchange arrangements provided for in Article 182(6).

| 8. | Exemption from restrictions on entry and residence for nationals of Member States employed by Joint Undertakings and for their spouses and dependent members of their families. |
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8.

Exemption from restrictions on entry and residence for nationals of Member States employed by Joint Undertakings and for their spouses and dependent members of their families.

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