Annex I PALESTINE AUTHORITY LAW ON THE ENCOURAGEMENT OF INVESTMENT Law No. ( ) of 1995 Concerning the Promotion of Investment The Chairman of the Executive Committee of the Palestine Liberation Organization President of the Palestinian National Authority. Having the approval of the Council of the Authority, dated 29 April 1995. In accordance with the requirements of public interest. Hereby promotes the following Act: Part I Definitions Article I In this law, the following words and expressions shall have the meanings shown below, unless the context otherwise requires: The Authority: The Palestinian National Authority. The Agency: The Palestinian Higher Agency for the Encouragement of Investment. Investor: Any natural or legal person seeking or offering to invest in Palestine. Investment: Creation or addition of economic (production, industrial tourist, agricultural, medical, educational, productive, construction services) in Palestine, including : * A.( Establishing new projects) * B. ( Expansion of Production lines, and adding new equipment and machinery designed to enhance productivity and create additional work opportunities.)
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