Guarantees.

The guarantees refer, on one hand, to the direct investment regulated by this enactment, and on the other hand, to the foreign investors.

In relation to the direct investment, fulfilling the above-mentioned conditions, the regulator guarantees that:

1. these investment cannot be expropriated, save for public utility purpose (this is, however, regulated already be the Constitution of Romania);
2. the special legal regime regulated by this enactment shall be applicable to these investment during the entire period of their duration.

The foreign investors carrying out direct investment under the provisions of the draft law, are guaranteed to have the following rights:

1. the right to transfer abroad their profits, after paying all taxes and contributions provided for by the Romanian Law, in accordance with the Romanian hard currency regime regulations;
2. the right to transfer abroad the amounts resulting from sale of shares and other corporate securities or from liquidation of their investment, in accordance with the Romanian hard currency regime regulations;
3. the right to transfer abroad the amounts representing compensations paid upon expropriation for public utility purpose (nationalisation), in accordance with the Romanian hard currency regime regulations;
4. the right to benefit from any and all the rights provided by the bilateral agreements for mutual promotion and guaranteeing of investment executed by Romania with the investors' states of origin.

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