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Law on Concessions of Bosnia and Herzegovina Print E-mail

Thursday, November 7th 2002. OFFICIAL GAZZETE OF BH Number 32 - Page 1221

PARLIAMENTARY ASSEMMBLY OF BOSNIA AND HERZEGOVINA

Pursuant to Article IV 4. a) of the Constitution of Bosnia and Herzegovina, the Parliamentary Assembly of Bosnia and Herzegovina at the session of the House of Representatives held on 16 September 2002 and the session of House of Peoples held on 30 September 2002 passed

LAW ON CONCESSIONS OF BOSNIA AND HERZEGOVINA

CHAPTER I- GENERAL PROVISIONS
 
Article 1
Contents and subject of the Law
 
1. This Law regulates the modalities and the conditions concerning the granting of Concessions in Bosnia and Herzegovina, the competence for granting of concessions, institutional structure, competence and other issues pertaining to the work of Bosnia and Herzegovina Concession Commission, the tendering procedure, the contents and effects of concession contract, the rights and obligations of the Concessionaire and other issues pertain to the concessions of importance for Bosnia and Herzegovina.  
2. This Law sets forth the conditions under which local and foreign legal persons may be granted concessions in the sectors that are under jurisdiction of Bosnia and Herzegovina, pursuant to the Constitution and laws of Bosnia and Herzegovina and in case it concerns the representation of international subjectivity of Bosnia and Herzegovina, as well as in the cases where concession property extends to the Federation of Bosnia and Herzegovina and the Republika Srpska for providing infrastructure and services, exploitation of natural resources and facilities used for their exploitation, financing, design, construction, rehabilitation, maintenance and/or operation of such infrastructure and all accompanying facilities thereto.
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