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Published online by Cambridge University Press: 20 March 2017
[Translated for International Legal Materials by John R. Pate from the official Spanish text published in the Final Act of the XXXIV Ordinary Period of Sessions of the Commission, Lima, Peru, March 16-18, 1982.
[It should be noted that this Decision establishes a parallel code to that established by Decision 46 on the same subject, reproduced at 11 I.L.M. 357 (1972). The principal differences of Decision 169 are with respect to the simplified procedures for establishing such subregional multinational companies and the reduced percentage of foreign investment permitted in such companies. The original text of Decision 169 inadvertently omitted the designation “Chapter I” and its title.]
** [Article 1(b) compares to forty percent foreign equity allowed by Decision 46.]
*** [Decision 24 is the Andean Foreign Investment Code, reproduced at 16 I.L.M. 138 (1977).]
* [See 16 I.L.M. 157 (1977).]