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The Law of The Free Zones Corporation No. (32) For 1984 and Its Amendments
The Law of The Free Zones Corporation No. (32) For 1984 and Its Amendments
The Law of The Free Zones Corporation No. (32) For 1984 and Its Amendments
Corporation
No. (32) for 1984 and Its
Amendments
Article (1)
This Law shall be named : The Free Zones Corporation Law
No. (32) for 1984 and shall come into effect on the date of
(1)
publication in the Official Gazette .
Article (2)
The following terms and expressions wherever mentioned in
this Law shall have the meanings assigned to them
hereunder, unless the context indicates otherwise :
Article (3)
A- A Corporation named ( the Free Zones Corporation)
shall be established in the Kingdom affiliated to the
Minister, and will enjoy a legal personality with
independent financial and administrative status, and
accordingly shall have the right to conduct all legal acts
and procedures and to delegate public prosecutor or appoint
any other person for this purpose.
B- Its registered office shall be in Amman and it may establish
offices in any part of the Kingdom .
Article (4)
The Corporation shall be entrusted to carry out the following
tasks and duties:
A- To establish the free zones and cancel them .
B- To establish warehouses, stores and any other
establishments necessary for managing and developing the
free zones in such a manner that ensures their growth and
booming including the joint free zones .
(2 , 3 , 4 , 5 , 6)
Amended so pursuant to Law No. (19) of 2004 published in the Official Gazette
Issue No. (4662) of 1/6/2004 .
C- To manage, invest and develop free zones and gearing
them to serve the national economy, promote the
international trade exchange, transit trade and export
oriented industries.
D- To implement the conditions and provisions relating to
customs control, foreign exchange control and set up any
establishments necessary for this purpose .
E- Registering establishments and companies at any
free zone (1) .
F- Issuance of licenses and approvals related to exercising
economic activities at the free zones in accordance with the
provisions of this law , regulations and instructions issued
pursuant thereof (2) .
G- Protecting and Preserving environment in the free zones and
ensuring continuous development in accordance with
standards and foundations to be determined pursuant to a
regulation to be issued for this purpose , provided that the
level of such standards and foundations shall not be less than
adopted ones in the Kingdom . For this purpose , the
Corporation shall exercise the power of Ministry of
Environment and the Minister shall exercise the power of the
Minister of Environment in accordance with the enforce
Protection of Environment Law (3) .
Article (5)
It shall not be permitted to store any transit goods passing
through the Kingdom except in the free zones .
Article (6)
A- The Board of Directors of the Corporation shall be
composed of the Minister of Finance as the Chairman, the
Director General of the Corporation as Vice Chairman and
membership of a representative of each of the following:
Article (7)
The Board shall administer and supervise the affairs and
activities of the Corporation, and shall be entitled to
achieve this purpose the full authorities and tasks
including the following :
A- Laying down the general policy of the Corporation.
B- Preparing plans and programmes necessary for developing
and qualifying the free zones to attract investments and
create developed investment atmosphere , which contributes
in activating industry , trade , tourism and services in the
zone (4) . The Board , upon the recommendation of the Director
General , may form a consultative committee comprises
specialized persons for specified purposes .
C- Studying free zones investment applications for establishing
industrial commercial and storage projects.
D- Providing all necessary insurance arrangements to the free
zones.
E- Fixing service fees payable to the free zones with the
approval of the Council on Ministers.
F- Signing agreements and contracts concerning loans with the
approval of the Council of Ministers.
G- Approving the draft general budget of the Corporation and
submitting it to the Council of Ministers for approval.
H- Preparing draft of laws and regulations.
Article (8)
A- The Board shall hold its meetings at the invitation of the
Chairman or, in his absence, the Vice Chairman whenever
need arises for such a meeting. A meeting of the Board shall
be deemed to be legal if at least four members including the
Chairman or the Vice Chairman are present . Resolutions shall
be taken by consensus of opinion or by majority of votes , and
in the event of a tie, the Chairman will have a casting vote .
B- The remunerations of the members of the Board will be
determined by a resolution of the Council of Ministers upon
the recommendation from Minister.
Article (9)
The Chairman shall represent the Corporation vis--vis other
parties .
(1 , 2 , 3 , 4 )
Amended so pursuant to Law No. (19) of 2004 published in the Official Gazette
Issue No. (4662) of 1/6/2004 .
Article (10)
The Director General shall be appointed and his services shall
be terminated, by a decision issued by the Council of
Ministers, provided that such a decision be endorsed
by Royal decree .
Article (11)
The Director General shall undertake the following tasks and
authorities :
Article (12)
The Corporations financial revenues shall be consisted of the
following :
Article (13)
A- The Corporation shall enjoy all exemptions and privileges
offered to ministries and government departments.
B- It shall be permissible to exercise manufacturing enterprises
and establish factories in the free zones with the approval of
the Board of Directors, provided that one or more of the
following characteristics are fulfilled:
(1) Industries that are new and not existed locally and which
depend on advanced modern technological processes.
(2) Industries for which primary materials, are locally available
or which use locally manufactured parts and also industries
complementing domestic ones .
(3) Industries which raise the level of labor skills and contribute
to its technical advancement.
(4) Industries which meet consumer needs and assist in reducing
dependence on imports from outside the Kingdom.
C- The categories of industries which may be established in the
free zone in accordance with the provisions of this law shall be
determined by a resolution of the Council of Ministers upon the
recommendation of the Board of Directors.
D- The registered person , who exercises an economic activity in
the free zone will enjoy the following exemptions (1) :
(1 , 2 , 3 )
Amended so pursuant to Law No. (19) of 2004 published in the
Official Gazette No. (4662) of 1/6/2004 .
Article (14)
It shall be permissible for any registered person to exercise
economic activity, except what is prohibited or restricted
in the free zone, in accordance with a regulation issued
by the Council of Ministers for this purpose ; where it
shall include the terms and conditions necessary for
exercising restricted activities and revenues which may
accrue thereof for the General Treasury (10) .
(1,2,3,4,5,6,7,8,9,10 )
Amended so pursuant to Law No. (19) for year 2004 published in the
Official Gazette issue No. (4662) of 1/6/2004 .
Article (15)
The Audit Bureau shall audit the accounts of the Corporation.
The Council of Ministers may if necessary appoint
for this purpose, a special Chartered Accountant
who will make a report on this subject and submit it
to the Audit Bureau.
Article (16)
Notwithstanding the provisions of any other law or regulation,
the Corporation shall have the right to increase the
charges of the rent of its leased installations or real
estates not more than once every three years at
most in such a way not to exceed the inflation rate
or the rates of increase of prices announced by the
Central Bank from time to time, taking into
consideration the terms of contract in other
matters.
Article (17)
As from the effective date of the provisions of this law, all
installations, real estates, rights and privileges
belonging to Aqaba Free Zone will accrue to the
Corporation, which will assume all obligations
consequent thereon. All employees and workers of
the Aqaba Free Zone shall be considered of the
cadre of the Corporation, together with all the rights
and privileges due to them .
Article (18)
The Corporation may issue debentures within the extent of
the types provided for in the Public Debt Law. The
pertinent terms and conditions shall be determined
pursuant to a special regulation to be issued for this
purpose and the interests accruing from investment
in such bonds will be exempted from income and
social service taxes as well as from any other taxes
and fees.
Article (19)
A- The Council of Ministers may, upon the recommendation of
the Board issue the necessary regulations for the
implementation of the provisions of this Law, including the
regulations pertaining to the financial and administrative
affairs, supplies, work contracts, personnel, employees and
their saving funds, the rules pertaining to running and
conditions of investment of the free zones, customs and
public security procedures. Pending the issue of such
regulations, the regulations of the Aqaba Free Zone shall
remain in force and shall be applied on the Corporation to
the extent that they do not contradict with the provisions
of this law .
Article (20)
With due observance to the provisions of paragraph (A) of
Article (19) (2) of this law , any law or legislation will
be cancelled to the extent of its contradiction with
the provisions of this law .
Article (21)
The Prime Minister and Ministers, each within the scope of his
competency, are charged with implementation of the
provisions of this law.
(1,2 )
Amended so pursuant to Law No. (19) of 2004 published in the Official Gazette Issue
No. (4662) of 1/6/2004 .