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3 Overeenkomst inzake gezamenlijke financiering van bepaalde diensten voor de luchtvaartnavigatie in IJsland

— INDIRECT EXPENSES

Interest. - Interest on unamortized capital expenditures at Gufunes in paragraph 2.1 a) is to be calculated in U.S. Dollars at an interest rate equal to the LIBO (London Inter Bank Offer) rate applicable to the respective interest payment periods plus 1%. In all other cases, interest on capital invested in buildings and equipment is not to be charged in excess of 10% per annum and not exceeding the official prevailing rate in Iceland of the value specified for depreciation in Annex II, as adjusted by annual depreciation and taking into account renewals of buildings and equipment met from provision for depreciation.

3.1. Interest on renewals and new capital investment will be charged commencing with the year following that in which implementation is completed. In respect of the period preceding the commencement of depreciation, an amount will be included in the total capital cost to be shown in the inventory. Such amount will be equivalent to 6 months' interest when implementation is completed within one calendar year, to 12 months' interest when implementation is completed within two calendar years, to 18 months' interest when implementation is completed within three calendar years, etc.

Regeling
Overeenkomst inzake gezamenlijke financiering van bepaalde diensten voor de luchtvaartnavigatie in IJsland
Soort
Verdrag
Geldend vanaf
17-11-1989
BWB-id
BWBV0004940
Versie
1989-11-17_0

In de hele regeling · Officiële tekst op wetten.overheid.nl