Amendment to the Regulation on Allocating Public Real Estate for Tourism Investments
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This amendment lets tourism investors ask to reduce the approved bed capacity of accommodation projects on allocated public land by at least 10%. If the Ministry accepts the request, the usage fee is recalculated based on the lower approved capacity. The new fee applies from the date the official deed or contract is amended. If the investor later asks to increase bed capacity again, the existing rules for capacity increases and related fee adjustments apply.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Accommodation investors may request at least a 10% reduction in approved bed capacity for public land allocations.
- Usage fees will be recalculated based on the lower approved capacity if the request is accepted.
- Any later request to increase bed capacity will follow the existing rules for capacity increases and fee adjustments.
Obligations
What this law requires
Tourism investors with accommodation-purpose allocations of public immovable property may request a reduction of the bed capacity forming the basis of the final allocation only if the requested reduction is at least 10%.
If the Ministry approves an investor’s request to reduce approved bed capacity by at least 10%, the usage fee must be recalculated based on the approved lower capacity.
The recalculated usage fee applies from the date the official deed and/or contract is amended.
If an investor whose usage fee was recalculated due to reduced bed capacity later requests to increase bed capacity again, the existing rules governing capacity increases and related fee adjustments under Article 21(4) and Article 26(1) must be applied.