EXPIRY OF SUI DECREES ANNOUNCED

05/01/2000

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Amendments to the Statute for Upgrading In-dustries (SUI) came into force on 31 December 1999. As well as announcing the normal expiry of various associated regulations made under the old SUI, the Executive Yuan also plans to revise and reissue a number of other regulations in line with the SUI amendments. On 24 March 2000, the Executive Yuan formally announced the revocation of the following instruments:

Criteria for Determining Scope of Major In-dustries;

Measures Governing Application of Tax De-duction for Company Investment in R&D Personnel Training and Establishing Image of Worldwide Brand;

Criteria for Qualification as an Major Invested Enterprise as Applicable to Large Shopping Center Enterprises;

Criteria for Determining Scope of Major Technology Enterprises with Respect to Manufacturing Industry and Technical-service Industry;

Criteria for Determining Scope of Major In-vested Industries with Respect to Manufac-turing Industry, Manufacturing/Marketing Center Industry, and Power Generating In-dustry.

Criteria for Qualification as a Major Invested Enterprise as Applicable to Investments in Diplomatic Partner Countries in Support of National Diplomatic Policy;

Criteria for Qualification as a Major Invested Enterprise as Applicable to Audio-Visual Media Enterprises; and

Criteria for Qualification as a Major Invested Enterprise as Applicable to Transportation and Communications Enterprises.

After seeking the opinions of the relevant min-istries and agencies, the Executive Yuan will announce and implement various new regula-tions in accordance with its powers under the amended SUI. These can be expected in May or June 2000.