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Germany · Law · Gesetzgebung

15/2537

Eleventh Act amending the Foreign Trade Act and the Foreign Trade Ordinance (G-SIG: 15019324)

enactedGermany· German Bundestag· DE

Introduced

2 January 2004

Last action

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Status

Verkündet

Sponsors

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Subjects

Discovery layer

Source updated

26 July 2022

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Summary

<b>Content:</b> Introduction of a restriction option for the acquisition of defense companies and companies in the crypto economy by non-resident buyers; Amendment to Sections 7 and 28 of the Foreign Trade Act, insertion of Section 52 of the Foreign Trade Ordinance. Unquantified costs for business and administration may arise. <br><br><b>Changes through the mediation process:</b> Notification of the acquisition to the BMWA, possibility of prohibition within a month. <br><br><b>Secondary keywords:</b> Foreign Trade Ordinance/Eleventh Law amending the Foreign Trade Act and the Foreign Trade Ordinance * Armaments industry/Introduction of a possibility for restrictions on the acquisition of defense companies by non-resident buyers * Cryptography/Introduction of a possibility for restrictions on the acquisition of companies in the crypto economy by non-resident buyers

Machine translation from German. The official text remains authoritative.

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Documents

13 official files

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