„საქართველოსა და სერბიის რესპუბლიკას შორის შემოსავლებსა და კაპიტალზე ორმაგი დაბეგვრის თავიდან აცილების შესახებ"

l,JdJdnStqnb lIdqJAC60llU bll!6fl t' aIqI6ttil0[qilbl 6ndaJ6fl Tqfl Jt0lll, ldnCd0lll, Al6bIq3[b li4nUilqldfl l, CJEUilIIb ?ill,Jbilb 30 uJr6"qo. 2012 $CR. ojOo N 243 ,,btjlr6ognqoUl ql Ln<6dnorolr r6nLJldqo,joU tor6ol-r EgSt'rLo3qndLr qr ?nots6b06b.: ;rJog,>qtn o160.:6o qoI36316otr oo3oqrS ugoqnlob ?nL,>bnd" tcaoSr6ln-l$o23639o,jo&$g$o; 22 - 25 tsuoln 15 - l8 a.lollo a,"u$"t' t',t !j ! !@ )p$rn7a Lbpa,att qr66d&Bo aj.s.Lyl'.' $ A,.s.ioJir- IiRoond'1, -t-r,*,il6. r*$ao.; g.rSu,qgi.t, aXJs.d,CLL' ei Ja(oit'nt d'.'&Ofllo; u.,66.,1$ q{ .uqact.1srq t\tfrr i.no6c0o; xsadoF+'roll qy"l'r I tqp's56 r$Joto.' Jc€ooAoo; rflq<rrR I'iJGt s ,rF*$co.. feia60to, iaAJFlor 4Drl,6r rJaiA'a'Jd}l'oJ b;jrr6or3gqerL Js6q.:365$otr do2r6r'r ;p6n5L: ttJrr6or3Xqol-r Jr<6q,:065$oL 3o0o$1$3dtr.: p; L;J;r6qs3n5$r'r 3t6s;l3ond?o qso$groL 5r.rr40.:go2qo .:j$oL Jr6r'rnj$ob 6.>5boq3.: br;lsr6orSnqob J.:16qr035$ob or,:33jqpoS;6n t2 qsgoor d;Jr4sd6

もδJδ ら 080興 0)も う60%0健 8660 l$j.:tio)3gq'('lt, JY6q,r€C6Olt b.ij.i6or3Xq,r'il 3rn6b6ogg6ootr 65-9 ogbq,obr qs,,btjrrlor33q,ob brg6orr0t'r6ober bgq,BgttgqrsbX0ob ts3brb30" brjr6o6gqx'rb 3s6m6oL 09-15 Ogbq,ol-r 00b$rOolsqr, 6r6ogo6ot6gbobro6ob $r60r'r6oqg6g6or 2012 Sgob 4 sJ6oqb bXq'0ctS36oq,,,brjr6or3gq,erbr pr l.rg6bXom[ t69bJ3bqro3rl,r 0r'r6ob 030r,rbr3qr9bbr qrr J$oOrq,bC erdr0t6o qrrb3636ob orr3oqrrb rgoq,Xbob 031rb30" Egor;6b03brb. 0ob3oq, br.:3r03oq,o N1/102 27042012

もδJδ 6Cn30賀 ?(0も 360%0殴 0660し 6ふ 68566Ug20bδ N27/04/01 2012,Ψ ob 27 860Ψ 。 」〇う 。 し 。 Ψ。 6. 3gAUqrst6orb lrsjlt6ol3gq,('!l, Jr6q'rACE)6o 6,\5ogo6ottrg0ol-rw6ob $sl6qg696<q, Ugq,Egrryq,g0r$g 0o0bbgb36q,rs.o ('r6oB36ob 0ClrrbCb ,,bsJs6qrr0g66o 0qn36ob BCbbbC6" tJrdrd)o3gq,r'rtr 3r6cr6oU 03-3 Ogbq,ol-t 0g-5 Jg6i6ob 6gbr0l0ollrqr, Urjrdror3Sqrob J6gtoqr36gob 0o96 brjr6o63q,ob Jr6q',rAC6O0o 6r0o3o6otigbotrsor3ol-r $;6rqr66oqr 2012 Sq,ob 4 .:Jt<roq,b bgq,0o$36oq,,,b.>$t6o6Xqrarb,: qr bg6bXonU 69bJgbq,o3J-r Bu6ob 0g0r'rl.tr3qrXblts qr; JrJoOrE',bC cr60r6o qr,ibXg3tiob or.>3oqr;6 4oq,Xbob 0gbrbgb" 03orrbbOgbr$g brjrtlor33q,ob Js6q,r0X6gol: J(jaoOCOCbAo e'r JE Cbr60q, bbqx'ra0bb3 0r'r0bbg636q,sqr qgro6o06ob brjr6or3gq,r'rU go6r6bor Ao6obo6ob acr;qggoq,0 Q3LgqrsE 3gA.gq,u6or.

A.!Ea!660Aog)oAs6!o,o J$roosR$0.,6arao-"".r.r*.t*'r:r$Ltji$rr.urru".r._roooEhBsls?o 6s6Lo6go6g6Alq,og3q,oq,nl6LnLtsnL.:hnI 16Lr,;XAXlolr?gqrl6.rpgs6h'rrrr1y,1,{,A,s rls rJI q{,o,t,rl)?tnd)olr?itfrnlr,r3qtlAt,,\ (,s JA ?ho,\6r,AJaoh0JJtrdnl,.).\i,,.\\306r,ar , o*"I;;iTl"'"r*"amcl,.)\d)i,[Fi]Anl,?1qr6sq'?lorB]rE;rorr.)6o0J0?oirr0ifi,q,,,il6r?08(it6rrlhr,otr l.)66JJ0ol, Bit-5 it,,hq,?o 6 ilq'olrfl ntr;yq,lornr1 L.,H?;16;1,\1q+r;tnflr,rtyr.r6 3 t,id?lF{,;tara. t,.r;i,r -,,r#ili:"r'"",6''ird0ol,llirl,sil,raol'.,e, 113q,oq1i;do?;13np,:sr,3;1x air.r0 airhql,?o r,x,,1, axn,13a;1rl,"r.8,,*ragoflc,r,6ir.r,o(,rE0o,i,.fl.).,6,x,r,a,,,rFjarr".rBLo,,*"_,,;l;ilr,H;*",r;yqnrrBoh6,3orn. 6.,aq,ol,Ac60slo()o,I6esq,mrxq,lrg"6iro;q"a0Er,er,,60h;q,?;,n;r!"i.iii,ifr,r,.,u.r,,*rr,1,. oA36r6;lls3hmtll'o(, sE B1r.163tr.rh1qrfgo5m.ao. 1.r5hcr1611r r;1q';1A71qr1;r1r. rrq'1A1tuL?;pu11s1t,g;pri'{tr.: h;;sl,ffogr.]hflo 1.r1ur,3,r(,;18(,,r1, ih.t q,IR rr,,'*.\lithil6,'trJ,flr:,1A".,1J6,,,n(,. a1-10 a;thql,rl,,.,;1A;lc{,,,a,1.,,i}_r"["io,i[f,rn,,"roq, ?t u,,,, ., L h1gtdiF,B6.rR0 t,shilll Aftrolllt) f,J.tn,(,Jfirln ..*,,il,,o.,dri; .,,.lA.1,,6,x,1) A,,Jr, ilJ,,6;l h;tR ,,l;lij,lJir,i|l'll,,, rr,rhils{ef.ocrt, i),11,.('ir6(1oh,m10r, .J;,;,,,.., q,.,nA.,a6f,h n"*"io-*,, .,a 3xro63 Lrhxq,B[qr,r? \- a) Ro;1olq,15NiFol, lrs36rr,Fr rnr erR;;ilil .,;" ;;;ui,j::,i,1t'i1",$i.J, 1"o;1op,1s(,i,Aolt 6,rq,ralq1p1n .pa.r.,s""r, ,i,.r"6"q,,1i, b) qrrltr,t'ASxlFntr l,nit16orr o,nEhol, tO [3q,?fli 1;Irr;lgl ,|* ",i;:;Il;if-,flj,,."llf,;llfi; .",.,,,,,r,1,, ^j,.",,j)r, ,16t,(lJ66t, 1y;1;1qr trt;1s ?1forh;1;1;p.ilo o LntJq,eV(,9tr,riF,,t,, . I'r?t?.r 0q,,t,0 fi.filt6,t6 .ta ?fl,1,rlieflittol, ,.ta)a,t6t,Edl6o ,r.,a,,1gjs;pi,r, h",il;i,.,,. $r"[],?$,,:" l$x;ttlf,, .trr6i,n,J6,,?flDs6helrot, ?1;1h;po ,;,oflJs5oorr ,c flr'r6;llob q..:l1s;r6..,h. rr,:.r,,.,8r11 hr,6ooflnl,r{i ?JorGhA1tolr ne.'trDoqo l6r\it60o rrrs,trop;16fl1r.s g.aa,,.p6XSr, 5s(,\ohqirls ils0o ii'\r6o?l'q't' ,*Hljll** 5;5 hcrrrrl ;o;p,11.1q,o l,:,11,*ll;nlixltli*,,;'l::::::;mm"flfi:iilf,*;,.',,,6kq(Ai,';i;$:;; .. I hi,sl AJA,tniqr,:1, h,hltl:,A[l,?|,,,.:1,, fn6a,.).&,, nq,n {,s ilJo,6it hJr{,?r;i, j;t6i),{,r, ll]1ffi:[#;,,"r'-05('tohoaoh 6rq,rhqoqo .ra,1,xs$. ax.,,*r."' *-,.rnr.,h ia nirm6r ,r3slrrnr6s1;1, it,1l t1hgh {,\ifn6r Arl .lil6l$o ?3aq,1ao drlqrr;.l1yrrn,

3C5o?J5ol!Jit6 3J5u?05r ?aPJa" 2 Lrsgo63o L.)d80d,.) - ?iro,.r6LaJA"tr .td,r,,J..l{)tr lrnJaioah eia.$ilaA^h ?itd..5oh brADSoLO6o :r (,.\ fi.\arr q,,,t(,Jt, x,,,.ta .itirn,n5t,8iJA.5?". NOV I109 2U03t2012 l'| ili x,ir6i,,?;,, .\E rt'aq'av('Y,,r0s i\ni,,;JnR,,I'li'5JAitq,,, ?litodtiitai i1:10,\ l1,r3.{)JaJAn, 11ll:,,,j1,1,,,1lfl15flo1) I l,0ooiti, Iitl!,,,,,,1" ,iJ,lx'1, ,rrq,n';lo. $0 8,,{Ji\'irqrr (',a,Jiti'tit66ilA,; t'.,,nA,,,.,(i1J{,i16 .il dl r,,hdl'd lr i\..6:,,it,aytJq, 6.r$r,q,1,,. ..4,\lrxstr .rd,,!Jil6,,l! 0J,,0t,., 1,.\l,ll1,1JAlr jlh,lt'ii'tr., ll,. 1\1.,,i{,t,0Tt6,, r,.,r,,."-,r, dJlr\,ar6JAaAh.,lx6,l a,: €.'6u,lr\rc... -.^., " _ aJ-2 ihthlr1,,,h eJ-2 :.'lt]fi .,..:g,*'"*;,,"-'d;:11,""*,,,,ilfi Il: - ,ilJ6"?tf., itsd':t.,r{'ot)[,,6JA:tr:r,.. . -_oUd'aoso,.t,irli6i,itJ1q.r,tr" an6ei6oJAn ajiifr"q,. 0il6a,'6,,0,r,.,,1.,,.,i,,jffir, ,rJ'.i.JirnraA!l!{,,,,,ilti.\ tNit.i6iJo h,jetr".\ ?l;16o?x6;;Ioh nr",;;rq,,,tr\i,6xAno, iil.\tit il,Jh(l'olr,l06 lrl,,r l,Isil0olr Ai,a ihil,l?t6ilotri {$ ? Ax,i\r, lo,ili, (r)iJill,o?o -'ir16,r?x6., 6J64,,6,' ..floCaijq,o ,t.\6.,Ee(,JAq,r'A.\,. ?;r11 qoh oJ6eo6,,{: ..aoJaxq,[ ilrnltnl:l,,,\i,EJI.J{1,,'n ?o(,rl,,rhiJqigo1t,.)xtr6,r3o ;rtur6BqgqoAs'. - rilr31 A,ithR0tt it;f2 .t,,.t6jf)tr,\ \,. iJq' 0 -'ihFii;llh,\ iti,,,itnq,,,r,\",6JA.it(l,,,s OJ6A,, ; yrlAtnoxr - AiF t,J6il0i,lr ,i,,6ititr:, 'ililli,, ilill,,\ ittA(,^,ofl i],D{tr{, 6J,.ll$? r{r iltiJ.l,J6,.ldlr.\ i)11-5 il,xhrl,ol! st]5r'?6?tq.o,t,lthJO,!l' yt6r'l,ir,,l,iJo6rl,,,lr .\6 ilnq,ilpil60 J6oRIJo,rh' eo1,i5?illoh,*1,".t. Jo6it.q,r)b ytr6,!'l,oo:,,,16r,e,it,.16(,olr .5 i,)ni"tt.\q,nl1\',,6itA Jq,,,r .,Jo6q,',1," .ilrirJ A1t,|rl,nl, Aj14 .j:t6.10,,t) ;{ lrrit.)'itt'j(1'A,r I '6:H.y ..il6 nlArl,,n, i.. i1;rr111r.rq.,.,h tx,0:til,,,: ...t,.,.1Ai,5.,(r,,i-. .'ilitF,(,ilil6,\ i)no'it.irl'i' l)tirBJA,J,{.,h ,Di'6a,l,r6rlr J,c6JiJ6o'6UAol, A,it,6o(, . i1il6i,',tit6. i\.!,, it.\r{ ' h \! ,6JA'itll.1,o,. { - d)itl.4,,5,, ..Yt,)5.r5L.Jd,o i,6lr0i\tt$,i it.rtiA.\r,0ii.ij(,rb lhJ,\dro,xll(',,'11..yt,\ l!,,\6,' Jiqi1qr,l;i,1, 'it;tr.rt,;1A" 'ihh.,A.i,rh.r(, ll, Ji6,,,5o1, il,JJir i).\4,,r'itil6iJA., h.', 6,,'irit!l.r,L lni\s,l,ilhhn('r,,t,r{JLhi !r,n l,hJs l i.t,15a(,ltAsl,,1 .,il(5ilA'Ao. x, ,.,6ih[,,,6,,sl,,\ur ilohl].$5,,. .,qtrii]6i,y!{,| ir.)-JiraR,,, (,)il6H,,5,,lt i?tit{sil(t,n , lst},,itrq,,,AlA,\h6oalt6.\ .\d, r16olr 5.wr3,rrl,rrlr!.r6:rilr{0. l _l ,7.6,,',n16,1 ;r,,.^.*,',:,.:li*"u'*""J6".,.1::]:i;;lll 11,.c';1,.*t,,, [\i,6xAil,{r,., Lbh!l,r'hIl'rJh",ir.\r, 0J..lhdo,.,6 - ?J6"?;t6,\ ilNDiti|(,. t,Ii,6JAIq,{,., - ?it6d;l:i6i i}l",lts(.,,1,f o6JAtR or il;.tJ aif2 ,l.J6J(i&,. yt6,,.t,il -?1141,,1r -{:,tnit,l"r.,JA'itq,n j,a6JA,,t, [.,ti,!{,h" . 'i)16rr i);16,' ril' I( tiiinl{, h y|6r'l,ror: ..q,.\, tnxi},61A.t|(.o i\i',,J.\q,,, L,ti,I JA1q,,r.\ ' ' ir"xr6si,,, J45Jl.t' 6.\s,q,t,- ,,,r-,1 .h)hq',,h (,\t,.thJ{JAn nttfu1it,,,r,x11,.,,il1,,_,, - ?i)tur;lltL.\ .,('.\ii,,Jr'll'j)AIq,r',tfl6ieo A,dhrLifJ,\i.. i')ifi ltr(l', rl,f ,,6J["tsl,ni ,, Ii.,il,.rlnK,,,trA,Jt, ^ - ala .r"t6Jo,ao h,,6:,r,): ^2.1-_J..al,hR.(,tr -"u\p.,ilhtl,i.'iliJortir.,rl,i,,1, tn,Oi,,nD: airz .r,it6,lr1ob itu,iJr{ !s,l FJd?o. a,J6eo6r ..t,I,<,AJd,,,-. 0J6ft,6,r, .,t,J,,,ri,_,1, tr.tt\i,, ,hNfiAn6,,t, i\i6t,',, ,,1lr,l,J,1,,t, tri,lln,,,,. r, il'I.,.,ik r, ",,; --il E"a;i;- ,In- n6,'1, t,,!,'it.\q,,,hli,6iJA,,,t,{,,,. - a11h,q','|, 11itr.,hx!{,,.}.\ 25't tisSr,it.irt,oA|l,Jt, ..q,oh,16oilo5,11xrtr "lfulr,, 6Jrr^ilir,,;",, nro';Ds_ rrL\ir6;/.;1q1,r - ?060'i;t6r i\.Y,it,\r(,r, tr\i,5iJA.,tqto.\ - iJrr:tijrli I 'l,Jar':R6,iiE,,trl o{,.ts 'JJ (\ i\.)o,t.r.l,01iti,6ldiNl{,.\ Jj l,6,,h lhilir'rirl l,,J,nCr,&,,J-l'6n i\.vtr;t,,rl,,h,,6xAoo,. il,il,s6?Jt,,,6,,(,.,tr, n,j,tiEns S,n(in!qi\J5,,i{,0 ?ittr,r5haijAot, (,r{JA of,b0o0oob LraoSoLdd,o - .'11'6o?6,itR.,"6 i.fl1472 (n.J.J'ih6lA,!,. .;tJl,6o?6,\itd,. 15032012 6r)a OECD-,,|, l'.5ijr?'o,.\'dhd,!ln1 1,.\A.)t!itji,o Jr6itJ5c,,s,r,i,..,{oL[o6tih .rd,,! 3s66r, hsili6rDi]rl{,r,I. r6ra;1p r,r,.,., r,.\|,iJrl,df ,,Y1,.,ir,\,,t, ?,,(rl',\l,it,{,n\i,?t,ait\6nJ, r ,t.\h.,6i1(, JArl,,!Aolri\,\6 i,,"51,h;tn;tJd,lr.l, 1363A;1dh, 1,.,, ?litl'.,4.\H',tr.\!,.,,,,,6Lhlt,i;pl,lLlrr ll.\fJl,ltl,,l, 16lij0Aoh it0i1b;X,r1..,{, i\sSILitni \rrdreorsalt6lr i\,\il,,,ip5ita1lll, ?il5ijHoA,,l' aoSr r,nA.\do,q,;F6oI hsfl .J'titul t, nil6iJt, l,iil,\6d,xil|{,r,,t1 JIr{,lxltxr, (,,\('i\a6,,q,.t,i\r6 ij,\6l,hitsitiJa,rlll,,, .,'CJoao ij.l{.1'.\5${UA,nn q,n}J0it6irl' ?ijo,.5LAl),n,1, .l'r,oitil0r, ,\ l6c,;1, 'r.JA,,1rl,,,,\ q,.\ In';|,, i\,il', trrl[5J,\,\ alroylq,,n,,h hhJ.\artth:).r fu6r5rilo lr\il\6d,;tJ!l,nh .l(r),\il('), ,, ofllloo(rn,l, Lnen60h66r,(r6 11,.r1',J;tSXAolj l).\?fl,littqrlrr. lr,\jid'r,rXlJrl'olr hri\,\{,.\t,,\1,i|{,r1 (J,!!{iJilLi,t, i]J2 1l.,1l,q.rt, ii1;7 .tl,t6l(!)ot, (,. ,,h.\iji\6,Diti)rt o I' t;1!-?;1,;01l;qitAitlrn, flJthhl)I' hiiiirioii;tr{,r,,tr,ts5r,6,,lt iti).14 nitlq,,,l, Aif2 .t,,)Silool! .,it" ,J:til.rTSJfrIh itilllitiAl,tbq. I'iJiir,,ijJrl,r,,h .ll6Jq,iAUEd),,1r AoCr) ?Jq,n6l,a[] 1, ,hititit,\i1,,. iljlr (UA.iul,ndJ^h i),UtL{j)Is i'.n'6rL5itln, r'160ll,rrrrlo 'aUA ,t.\rln 'il,r|l'.\lh hiJq'i\n,tJr1JA6('J ,irFIr63q;;Aq,r,,.tAr lror.rE a, n6i,'rA,,il', (: i)t,.sl,r,{, iil ?JAo, h.tJ,t: il,, ih,t,ll'JI.\ 'ilJd'strhilitA,tr" Ai,Jirl,,,l,\rr,6Jl.it,{,o il (nit.\n;lA,n Lrr,r5gq,r,rA,r. . {,n6; (5(,f,tr,i .l,r6iDr)rd'Jai,l, AiSl'oqlr ';rilo,.\5t iluA,,t, 0\t-JJ il11l,!r.l'.{ 5..6,),116r,,A1A.,1qr.r ,,N i\,.1, tN,.,.1i\ ,{,,, 6,,)3 .l il,it h !.t,'il{ r i 119311q,,, 0.54h,!d,6,,iJr(,ilA01110 'it;Nor t 313.' ito U&rnnR 6d,"itri,on fl,.dtr, lr.ila,,.\6,1A,,h ,,pi\oq,ol !{,..r1,0itt,.,, 1,,,,s.1,,,, n(6":16.i,q,, ili,tt,{",r'J,tJrl,"6i)Al, iirJ t,"q, il((^ !1t.,,,trxi\6.,1r ("'6uJf),,116,Dr .n!6r'irrd6llo, Sx"r6r,l' ",;1 6il'ln'r(,ij60oAol) 1,,\hJq,af,,Yrra?o l,5hi,q,a,fl,ah il..6l,i't,Rit6,,h ilJIl11,Ji\ h11,ilIr ,!fl lit1tE,,t, ,j.5,154|(,J.('r,A,,,,, i\Nntt.'r(,o1,[oEiJr?]rl,o 6,')i6AiJ&,lr itsa.':;x5JIr i\.v,itir.q,,, l,\i,6J;\I!q,,),, ?il5o?it6lA,r .\6 ors66oi

lrJdJrfi(IlSCqn llililil LteJ6Am LiteaoJ ililtlllliltilluillf llilt LJanSnU0'iltl It ollt 106 20/$n0t2 q6otu ltil*qElo UlCJa6oBCenU g,610lror,r U$o6obr36<,r .U -u"ST" NO5{Zt570o gCii(,qdr JoUCbrA, l$COFro t!*$o\)6o1, q,ruJg6!t, .lr.)Cr6or8Cq,oU! 00OotnaenOt$ Cal J.r*\J rq,tC dioloo q,i5Cag6ou oNBoqNS l3oqddr ACbrbCD" OF,rSSCDotr tril.r*bou ou,rdrtg- q,r6rd,cn: 2 ACf,OC(rl. AOIr6odOCSOol, qx,lh*5('i6o tr{6or.tlartlrtlrl'l t.olilrrqiCedqo q'Cfr6orq6oo 0l l8 or\rrlm, drm Eooidol, C. N{; OCq': (+99532) 294 S0 00; gJduo: (+95 www.mfr.gov.ge 32) 294 50 0l lrJdJ.6O0Cqfl ililril]ilruffililllulililt UJilACn UidaCOJ uJ0n60bgelt It 0l/l 109 20/v3/20r2 (Tluagoc .l$d.6olEqxrlrr e'! ttr 00@t, 6draADq'qalt, O('.id q0d$g{q{tt$ q\r J$o6!C,t0 cr$6rSo e'.C0cg6oU @!Aoql'5 rygnal UArtOf. qoDb6CDol, ollcrAJq Usq&5,ffi 5.r6oboqrr "UrMorerqx,,l$ q,r UC60corol, r69t$paqnJcr ffirL - . €q'cbtrr qD JrJoolq'r5c cr60r6o qeJsCagfr,u o)}orxpso rooq,cootr agurbgD" 9o6art ACorrEbECDol, Jl6(.lCdOo Ar AoU Aoai6(,, 6,r$6o.> Ag0qg6o fr.rbob 696oA3fu0o qgr $o6.rqrrqpDgSo: 0go,!e006ol, J6odOL A,106!0('l., o3qxrq,C60bolrD e! erO.\5CSCSol, OCO.6ol, q"!Cq1 acqcqcBr qD Bi8ergrq,rr0agl, 0goq'c6o 6cqtdoooor, SJ agrrrOogo"E r, b9q090gt6gq, Usbgq,ES<Ao.Dr U6o,oCf,orACdNEbOC[.,L lrlgEfugg,$C, 6Snq,CO$ ACOJ6q, oC65l, e,r q,ro\)CD0bo, 6,nSq'CEoO Ot.focpCOl oiq,,]c qx'\rg8o60()l, l$boo, qrJ drq,l0o BSJ olrosxBg 0Curro 6r SCk qIlO Cl, BCorr6bSC6J OCA;U drq'soo. le6oa6Uqr, LrbrD AoqCDUq'o qm3U0Cq)CD., Srd,So.{rdCEC6 $ 09-$tOg6"l, 0iECS[. tsC(' 6rF,q'U"; c6.rUorr6, J6cr0*)olr Od\)o UrJ.,f,(.lCSl., g6('rD6,o3o A! trooq,olroU6o bJl(riol,. tsClr$ot6CbCbu, JCt*ag: - ai.r,oE0.J('or, fu-l ag\r* EC-2 Jt6*jol, JrxrBgqrr frr6sq,.(Ebr0o, tq)g3r: ,Cq,CoCqJr,' !C.r$rq'(')b lq5goor: .Erfiqn.; - io.)gC eJbqrir aC{ 8g6doo! Jo(r)3Cqr} B)6JqDeCbAo, bo$r: -${x,,0oC6o., o0qB,rq'('ll, boOUAoo,: ,EbA.)3t o OoJdr., b,r$, trt6J: .ECo!SOC6J$C. _ - ac(Rstqxrb lk\j$rrd,: .QoD6b8g0ob"; 0r3 ogbqrfu &d'8C((, ,)C6do.r, ar3 CaC,rtECOoo, 3(rAtr: ,tr.rjnrrBgqrrb 006rrjdtror 6dSo3lr', o0o(Ijlqx't g60$(,0,: '()g18o6o,lDjJttoggqxr, 6<,66$lr; .)0RC SEbqol, Jo6&(r, .}JECOoU EC{ &C,!"JqOU$ A,r fuO(6c,0 od{(' odUOAo .8ctdfoqn 0C60oEo: Jr6o60q'C0q\qDs. &ft3rqx,f, Oof,&,6o,r,: &decQo a('A,Jjsblcq€F'8o066('Jo 3r&'r6EqpDqx,r0,>.; .)o.rgo AJbqr r Eg-2 .,C6C0rtrc (!) !C6q6clo 6o,cq Odbr)E" O06a*.,, 6Cocg!q,ol, J,r6o58q,C0q'aDr', _Urbgqfgogob fur66&ro: "bcbgqa0ogolr OcQsti$Cq'aFry$O<no 3*'r5fup\xoc.r'; 455 8gbqnu fi &C6C0.,lr J#BCq, CaC,J"J6*jUr er aCoqA('B Oocq, re&,A6gq, .h5*rru ts61)tr: -lriCa$eob !6 &J$(,c(l3d,o Jdx,<rdodr" 0ot>Elggo6crqru, eCo113rq,atl, ts6Jboor:,&6<'rqrglgff l., JE U,)Car6qrllr'; 0l l8 o,0oqr,lio, arxn S(|OJdoU C. Noar OCq': (+9532) 294 50 00; grClr]: (+995 32) 294 50 0t www.mfa.gov.ge - ra€C eCbqrrr ad fuEdool, 0C-6 do,)"6doao h(O83r: -C6ox,Oqrx',ar. - !c(rcg!q{.f, UoOAoor: r3er$d.)OoJ., orurrS6r6ol, 3.A6g,X,gO.rU a,t*-r; 6C-7 Agbqrn &Ce06.,, lr.,OtBr: ,q,!Srxcl1Cbq,o, ACr,mrqxqb 1,(\)$oo,: 9cF6 .lr!€Ud3grrJ6o'i Aosrl6bfrlot &q(lod9.rr oCrtt eJbqr* AC.3.],C6*jolr Og-3 CACJ?EdOeo, A6,rt: .ts.t55aro6o od,(!n0OOODn.. oc(Br(,al, gCnt ,-, - ,g*"tt tO" qaECt gD,Cq'cDCDo', dNdroo.l6olrJ(''6qk)o6J0ol, So$6oori - tl2 . 04rrr Ec-3 .)C€0., ocB({Otj fuijss,)SoL(lDrnc J6od$o1j o56qrtry6Jft'or6 ocl\)ot6; orbq.l, Jor.cqr, &g6dool, JdrBCer, qr aC-2 b6dogDd, - ac'ae}c0c0o-' Ecog3!q{,b Brtut ,a,: .os-z q'n ocFl,l au\gol, IE.)8C AJbertu 0c-5 JgECoEo, Alfut): .bCeqaJ36r(} t $Cql€BE(,6o er.)B6or A'.Sd,00,J('cor', !C.C9t(x,$ B6r$.,0): _UrcqaJ36cq, bSgql€&A(.'Eo 0JlE6oi 0filE(Eo A.rSdrCD?q'CL, S e"Orr,COfe. ar*3# .>q6oqts8goggap". brrqF tstfutJ: -tlxrAgq€rg aqXr4",U, agq*ao A,frlrClllqEdr', 6Co6!q|rll, ts6r$o<r,: .6(rECe,&R 6AC0.rr6CrDt OUAO,Ro q.rEJrC0EEtC0.) !6 tsodxd,CDCeto r(Ao<{r!OUctACq'o'; - AgFl3 qCber,L ecP2 JC5*J6o, ts(r,.)t)| .qD$06o6Cuger, C(rfoDot, 6.r$oqtu. - OCoogrqd, gfr!t(E, .A'rJA0o6CqCqD A'd6J3o Co6Cbo{, 6$,qfr.r BC-15 ACbqr'l) eJjlbcqEDr Bloqj{r$ACb OC6C'Cbo r60q,sdoooo,r ,q,o8f,uo(009q(, &xlrJ$n 0odr.*clr60.r'; a3bqrrr 69-{ ,!!6d00o UoOSr: fl'0AC60o', oCoo3rqx,b t,oo$oo,: .55$oqr,'; 2+i eoEqd, 0C-2 JCECodj 6ocq' Jo.6Sq &CJgECOAo, 0060()6(,: "hd0Co|) , ocoo$qt.f, O$r,odoor:,borr,DgorJb (g'clr}3DqrlJ.'; - 2lt - 2lC oJbqd, Arrlr$Ng.) B.&ru.)qx,kEl, E!0qtrAo r6gq,.)Co.r,olr .r36dlq'3!'t "qrn J6.fir6,)Off 27-C agb(tol, 0C-3 Jf6dor,b 0C-3 *CJC6C0Ao, ts(r,!$: ,lr5hq€So8(, 1, JcrqhooJ<,I, ClDBdErbsEDob", Acoo3!q{'f, g6.rtoor: .bo7g!6(, &qqbooJotJ gt\rts6o&"00$'; - 27-C o,Jbqrr, Ac-5 3f6Con &$.D!6drcr&ao &!o(rQEb J(r,(..dorrr oee$f€(WcB!6 Ocilrgd,!6. UogfirBC tC0o.)A6o6Cq'W'i6 6pOo0qrr6l6C qr fuU6otr tr.)t 6Csl JcrqD.roo#fo qrJ glcSarooJga6(r i6oo6oo0o0Drf, AtoUrqrfuFEC6(E,, lrl8dolrodri, 8o$reC0o6<qscq 0os85or Sv60etA6o6oqio oCo,reoCDol, qt!q'Cb. a68r \Jr,3olry&o| e€od, ?ar('lqo6oJ A$oUJa6.,b 6(r)Aleoqc lrc jc6coggq,r'rlr oglr6o6oob lrs0o6otr66er MINISTRY OF JUSTICE OF GEORGIA ffimrriltillillmil[IlilIlft{lflWu[ Nel 1472 l5lar6oo/2012s. l$Cr6oBC<'ctL Ao656boJ EoSobot6o! A('rAOoq,Cb drq'esoc|5 6?t Ces6 JC€.Jq,rf,orl' C)q{r0{.6('1 6rflrUe.)6, uscr6oscq,.,b or.ooooorJ br'o.ouofnn,€ srsoboqrr 6r o,6s" z.[iBsl,"d,t1]if,]r, ;;;il;;;*,;; -xos.n2ilzoo o,rgoqr6 JooqCbob 0CbrbCb. oCo:StOgD; ;"ijo., ,a alo6rri369q,s,ro q,r3rgso6C0oo er -E t3c6lr -ClDSO6.ac66.)Ao 0o4 2010 Scrru 29 q69or.,r,t, MeClz g3c"q-or- sCqg[- i,irrr",q,Cdd*8. e.lr$it, A9oQCO!: 0ro3,tel()bF,6C6oo, oroho0o, ,brqgboo A)0Co36oU inCJo€o 0!6L,Br&rofq,o5 brCJliq,30q,(')b 6rq,rhrb!q,C0os, erDmg6ou 6JOoOoUsAJ6. r8,rtror6, rigoro UrerqDbrbseo Jr|QeFotj6r6 O.r6UhJOC&Cq,o fumq,.r6o&,b ,. 0r Arq'6C6JAo. JCr6d(re: !i6l,CBgq'o ,,rd6$0 3!3C60qlo Sla.rUC6C!3q' odECU UrClrtogC$.U UJOleDbJb! AreruJbeCoos, q,roCo3r,oh'eCoooo. ' Q8el$gql&|, ouco, urbccoo, 0r6brtq,ar6r(nlr0!6 0r6u\cal (q'sbrJrgCbCq') 6sAlurbeCq' . A b JaO aJo lrl8o !,)A!6c1lrJ3q,o ,]rl(roc6oo ar i6antquo, acg,$bscD('lr }',('thoo, qrrrouiqJ. l.cpOrriJ' ar(,rbeot, Ers6obc,r6 brArlj,)bre 636-A4OLI a"XpJ3S9C"rO. l.,BC, gCo6eCb AAqDljJbrq'r,o, &ertlbsqDc, UrbpgJ(a a,I br bre oOCA.,,CDJ ,J.r3Ao6CU, O Arbb3obC6.A55 AoeC0fqo AgAc)br3q'C6ol., gd6J3o Cr6Coolj B)dOFSd,.B 6pCbJ6CFlbrb, sgl(,l hb3! 0C6oh!3q!CDo, 6('Bq,C6.,0 q,gorerJ6re riq oo$r,co5 r,clooacooodtu aierobeCqxrr, )Ar6gorgC, ol, ! $UJ6oer5. d brbrqD!,)b)eo 6Jq'rhtbrqnc) qrs0Ceg6ol.r!0,'6 t6a,fq'{,[olr forrE6Agedaltsou Eo$Eoo. r3e6o6rgo, h.)Arqr.rhrbter.t J.{,tlro t$agardl3q,A,rq,JrrUrq;o, drr6o,3C(,ot brCr6or&rd,olra, ,a. d3CJgECOob oCurDsoob)e, oolit 6!Oogrco6CD.,b. trO%ouoc8oo, l.,rd6c,gCe'c)b ouirooooob lr!€lr661j06lr, 0o6olro'!ou Jo{iACqh Sereaoq'C ooOJ 696?(!q.(,16(, LJdJ6OSOFAOL MINISTRY OF FINANCE t305J6L0J LJAOSOLOTofl) OF CEORGIA oJscsLN Lsj.>rloSgqoU Uo6srngo L.:J0Xoo t,.rAo6ol,OdoL q,:145o ,,b!J,!6omR(,lr.r po ?odrot rtoLosgoqo6ogoqgBoL,rqs .' oL oq,.t3.rooL.. ?6LstXi ?XooEb0n},:bol6 qo,p3?orijino L66l3ooL ?X0olrgqnitrop.>,1.>Jogrq$6. ooRlLrhrRCanL aJR,)X lo3olr 16 6rAr'ro$Cf0l, qogs$1aoo 00t't bs6j,anlo[ t6poU. 8oL?o o$oJoL Jdoodto$1$Cto q.r ?n6tr.:Is86l ,..-) an60U06ol.r 0osq6oq3 t6 Gottleti Sbat Tbliti 0t t., Gcoryi,, Tct - 26ke Fr,: 2620. E;,,i: inlo(4,tbts; lllmilflffimil[il[[flmI KA020t459167atot2 bsjs<6orgggotr X3o6<n0o3obr qru 0q6r6.:qn brbgocrrr6C6oti br0o6ot1)r6o ,rr t ,i MINISTRY OF ECONOMY AND SUSTAINABLE DEVELOPMENT OF GEORGI,A 0l0l o'!({dx\ }.rfu:rtNt j Nl2 r 2. al.r(+99! J2) 991I Or;99 lt r I F!i.r (+9r, ,2) 92tr!. C Ch-rEir r., o I Ot llitirt, c.org. I/t 0716099 l5 / 6!60(, / 2012 g. Urd.!{qo,3Cq,ou tso6.r6ta,r b$o5.r,Oirc,t retdeJq'l, !6- e!}r3&x{,qto, pot"col,t rio8 lrJd}d,o,3Cqxrt lr$o6ol\)rtcii, adr, JrA)gCg6O-t, gr,r.mo.", !pdhtr;&lt;; Atc6a€oJd}, eJ AA,86rqn Dhoo,sr60Eob 0r6oq6Can 16 Drt5o.). Ao6obo6ol, 6(,.rAar{,C aobCos XJ6CqdC i I LJ et9 7 ,/

fl;or,'6hfl1i\.r l,nr.)6r,,t1tR,'.,1,r t!,.\ Iri)'6aito,ol' rr;11,.1i14,{,o,1str 'll(',6o1' ?13r.rlr.r3q,;1Alr.r en,,n.to0nll:',l,il ,,r6il.r6o qr.:r\;15;;loll, rn.r;1oq,.r6 .11r41,;;6oL ?itt).:hitA hiJ.,r6diIJ,:1,,,, lL,,\ t,r6Ar,,n,t, r,rtLl"t6lll.,,,tn, L,1r.n, ar.\ i\i.\"t,rrrtit,,,6 tiJit,,,t,.trt|l.l,Jal$ (,r ' ,t.,.1i'6.\R1'il rrrr''itniy, rL,sdJitIn{rtr o,srdr{,r5 n(l,q,i,soh itithrl,JA ity,"slaxl., ilU",\61,4ll,6r'6 ilJll(Ji, t,rl '- iht Lq,o I .n'6ildo. 6r'BR.iF l,fl I lt'r(titti|{JAi .;ti|Di6[A$. Jlr'iliJDrEhaaA, l,.r(iitq,(ilA.\ l,.,r,iltlit\initilr, 6,.t 1,,(,.t5t)it;\, a'it[,,<'! 2 i\i\ntr,t,nNirAn. 6r,Aq..rrl,rll it6GJ!l'q,irAs ?irtr,i6[aiti.. l. l' ih@n6hAJAn itd'tU!l't{JAn hs{ itJA.titdUq,,, Lrtits+AS,,tt,rl, .\[ i1,,t,,, ,]r,,K,,,(5o,Hd,. iltlttqn5 rTfii,'1,. i[ hi]r-",l,itytll.tA.l, i(,i\Dq.,,,A6,,it,, .o1.,i,1r,,r, a"i!6 jlita,1l,"lti.ir.l,n _ ,ji,)r6.\q,lU A,ifitltJA?rq, ;\nq,.rtrrhrextr.t,J,;]i n, i\ieiheolr lXhttr &t]t,X[,rn.r{ ,(,$ 'nitflr'hi;trl,iih|in ,t.rJd.r\'l'J 2An\,.r1$hntl,iF.]\ rtrtr q,iji.i JitlK,.\ ,,h t^(,ntrihnl{o, _. 6r'ilq,oo^o ,,AJi)6J flm;1q,o ?;flrrtrrxq. o, 4,,,iJq,,, J.,r,,,1t.,R,;: ' "i rari,l,ii,*,,r,,,i'r1,,,,6"*,,r, (t.\t{tJritri,, it(l,ipitSdA, t.l6iit,, .,6 itrik4.\it,j ,1,,,r;rAotr i)ilrtJ"t,;}*,, a,,R;1,r";1,{,",, n.ait6,, \,i sl,JiiJ,r.r.rr\1.\q,it,.."tibJiton, il,\ilarrl,i, .itait,!h.rltnll..,,. .t ,\r.l,lj6,ltq,,, Ar{ih,\t,,\lr,ad,,. 6r,3(l.Ja,t,J(| Jrr{ l!l,q,i .\ itt, ?tUi,,s6tjlitAi l),t..6.1r,,.,"(l,n,1, t,"..1"i1,"t\,.t!{" il"r{,.1,"ts{" : :) l,iaxaf,h.r,s, itr{.lht\rtlo i i) .!s.n\.)ssl. t,t Nr\fJtrii.Jsto 6.\a.nl,rt,r{,o; ( ilitANi),il?o "l,ifi}ron,t, il.,ru,\tbt.l{ii) lhJi6",ititi(,,r?1,, l) lIli\JMl, bs{itbh.\(ot l) lh'Ail8olbltst'r, 11q{rlbh,r11,o: ll) ih!6flIol, i',i1(,i l,rll,,,t 1,.\ (iLil{.itrfl iti,, t$ili6n,JiEl,r,l, i\.r(.nlhhs(,x,.) ,,,,.,,,"*,, ";'l#"1,,1,,,.,,^,,^,, I ni)'iti)d,,\6hihiot, it,,,l,5i)Aolrno,it.h, ,,,I ,ti!t,dililt,6i(,i6 trhNs 6nA i6 i\^lt(,,iI(,,,6\d,Jf t! hrit6,\1t, t,,rr{d,t, t, ..h t,..l.,i6r,,,,'.lr,,t, .,, ,^,,,,,,1r, ,,i .l,,i,.,fiif ,:,-,]" " ., .^ l) l,\ilslii.,xa,ll,r,h (,)u6Dd.,doi 60i.t6rat, L ., flfi": ll -6n0,tr.6.,(l,.ir,1o .r,,6,i r,ir!l, itri),Jird)r)ri, h,\tl'r.r,it\iryt,!ho,.,6 - 6itAol'il,'rrr yt,,1,n,t,it.4 _lon,t,. 6,.,it.Bl,hi(t ,,jlltr hrrl,?lA.titdi;,I{,,, i1,.,,1.,q,..,hf,A , ..t; itln"16J^., q.. 5) rlJrrBo5,r_.,r,ra- a,u(t.\Lh ir,,i1,\r,,,i)A.\.ir,) t,\h1q,itgout,,,h ?trit,d,t,irt Irr,lj, JrqitJr6.\lr |\,r,l.itu,s I'r,\,,t,4,,it6 LhiF C)xr',i1,,[,, -,i,!N.]\f,,s- [n,AF.\rl1 ri\.,1,:r.ii /i it. ,4.n..r,.y i.,, t|rl, f.a.rt,..6.In,t, ..r, t_,,\,,t,ir,,1c, l,l,l,\ itr,o,l,,tq,t,. rrnniFl,o(r .I|r'.\.!!,.h.1 .,,., it.,1,q-tA,rt\\,,,.t,,1, 6,.,iy,/,r, ,t,r11,),r6n(t,,i,!l,,, itdrtr,ll,tR,ot !) .r..f,.,r,,j!i,..tAr 6iF,,l,ni,it14 An{..\,t,.(itil, t,,\,hA,A,na i6 hll,aAn Litr'l.?Jit,,jI?,iEl, l,.,h-|l'liitI,,"t,.,?., ,ijiil,)r,I/,oito l.\6o'a,,t, n{,r,,r.1,,,t, ;l_l,r,it t,..f.,6Aol, ni,;F. i\.\rr{.\ oit ,itilil(,t)iIlirUA.t,i. /'D|{i)hr! I'i.l,*itsr qn t,jtsiJ60 haitirl,(,o1, J,ll,,l|ll,qr6s,r... r,,(,.1., ,lh,,,.*,;,"i;,r,o1 t,xq.il;1i1.11dr;p1. l,il,itR lttiryt,rft, .l.,t6ilf)JIt ?h;r,,,t,: 1.,tittl,"xij&q. 9) (,ud,a,,6., ",t,.,it.tt0lt60.J6o 6h.rtn1- t,,iit6nat,: Lil6Ailtr,ito. y],6.\6l[,., t,"tt,,[,,t,(id,,.,h r5 irUt, .Ht{,iinflr,ttr,rl, \,.\d,it,!i]i{i)ita,itR tri lril,r6,Di,Jq!a?,r ,,6.\61,,., 1,.\:to6i,l,i,)6r,I ..6 it,,l,,,,"*ri,A,,t",u1 \htrrflr.18,q5xfi1qI. 2 ll!.1,11;til,Hd'JL:\, t'jhiEliltl,rtratr iloJr. nt iti|0.\6[eJAot, i)n1,t;ltAot,o,r,,t, 6idnhaoifr 6lll1A,'51r. r.rilil!.1.'\r ril \6.,t, itntrit, i\\6lht,(,ri,.Jrqr,.,".,, ,-f,rrr,;t,7,,,o.,n t,t,,t.. d,sil .\d, i)6,'IijSiR{ar\r. r.rr11 irrh Xntp" .l -*a,,,r,-.a r,,,iJq,l1i,1t,,t, ',1' 'nq(.\l'.!hnl{,il\i'"t,.'rt\r,r,,.t,, ,,it ,).\(.rt\rh.(JAoL a0fl.6o,, :,aqlja,t,X11 il6(tijl-{ilAn lth irl[ itiF.rt,,.r,|rl,D 1,.,],itrrflt,,yt,.,l, 1,,. [,.\h.\h.(,o i\.\il (",6iinJnAl,. rrl6JA.\ ?loqNl[t'Asl,avo?t,lilA6oir J ;lii:[;;;" L rA ?lto,"Elnirtu't' il,Lfu}.|tli6 it.,A,,,0r{,,t.,n .r 0i,6Ao6tr -hi||tl.?U8,tiIniltll,tr Inhitq,av,,?r,,h dril1'nqit66o 5.?6sJl, 6iflot,Aofl6 ,1,,d,t,. rihA,.tll,og .\A r,,,r.; jl,riiq,,rrr,, ' ,r,,,|ilr*,, 'ili,q,.\hiha(l,il\',,yt,arA6,,,t,',tn6,r5fu{,aAsl,r,Aol,;hh..A..flotr.\q, .rFnq,,,i!i'J6,' in,6.\r'r,tr't' itilI,tiL stF.ti1,,il,..,, Lt,itn il*tila|l JA..6Jls [^atnirc,nl, Aotn _,1,. ,t6,,C,ir6,,IAol, t,.,13,,1,rXn*q,,t,X ..l,il1X il\lholi,r{\r4,,it r,6i\.\firh. JtJ OJrrrijn6o, ,\ft.ttrri6, ,!r. ilrn(irilh ,l0Olr. rrr.rillq,ra; itsRo.ill,itAq|Il.,, ,lilo0rrlr,|l,r6 ito{J},,(i, itJitol,..aqiti,".f, ,{.",1,.1iI"Oxa,;,,, 2. - rit ,'' r,8 1lJao'hitJiti'Ao. 6r'\'irtho sA Aith{olr .t,,6; Rn .)X6l{ltrh tl,ii,i,(.il}.!n.. .ilJt,..A.\i{,1,.\(,. .1t,iho,rit6o ,ror,,,' .i6,,t, ,r6ni6 r,Jq,?JaJ:I6Jr' Lir,iJq.af,r}ah a5i,,,q,xii" a,,r,,i r,,1.151r,,, nr6olr'la1'x6;1L ih3(,itit6ni'6n{ ) ,,1, t,w,,Ditc{,it}.. N!,,,r1r,q.,,,A l,.tt,.El,nf,rq,.,tt.jan,,l{'a60i|{i, l,i[,.!, N\1, i_l,tb il,,tRil,,lo l'\tk{il6itli)sl,"t tr,it il\1, ilitgA,,,t,, t,,\( Loit.r$r(,o nttl rfi,Jit f,.f,X*1rii,,11,:ifi.,f, li..r,irq,JAs ilhi,,ril,oq, oa [nhJlrl,n$,,.i,,ah o;,r",,{,XS6"ql r*{.,i; fl.,I, '.."t,6,.:, .Jio_ adn{'6r, ,lodts(,o er ltJrfid,eoJir6o ,tritAr,.ago (lht,,0,r0l4l.11;1S6il,r. r "S6Xa1,;6"r, l) n{ 'ititJ,rq:iFi[t!,n ,fl lNhctiarnlt,ah {.\,ilJ6n, LnrynG fl.]h .r_llth t,il,,(t,r(thr.l,,, d6(5Ji6it[ltA I (]r60dr'. ,,6 o'I it,\lr \6 iilltt, A.J(,Aat,o f.ilt,.XaXr;p1,, .,*,,,,;;; ;,, ldi ' .\tl l,,n,i;l1,uf,rl ,itn, .1, ti.!r,ar.l.rds i[,,a11,,r11, ,,it t,.,t1,1,,r1i,f1,,r, o;ii,,*1qp,1,. 1,.\(,i( i,'i\,) Uitjr,it!{,ilA6,,lt I lh,,td,,rlt,i 6 l) ,o,jt ,,lr (ttr,it.,ioAl. ,rr,,,{it l,it,,l|'Il,tT t,,,ao _llltir'itq,itAr','it "5 ..d, (tt,",.t6,,,At, .,6(i ilno} il.ytri\s6';lo, .11 liyxniis{J}., A},,r!1,,,,a, ,,i Lst,itr<,it!'ott,rh r"r,r",(,itf,1,.,*,, ,.";.,n!r.t, 611 r6rq,xrrr,t,'61,n(] !'.\d'A,r.rRAitfr hr 4) r't {'1, sa.nl' '16,'itij l'.\tU!r,3f,', oh 15 s6 16,,t, 16o il6 x, Nso,i)s&,h 6.\rrr,Fiq,I6o ,la6o. ilr'Ao6 l,l)q,7,Ja.Jitr4l],e lrilJq,a\r,,yt0o,s,J,!eJJ6J66fl,,o o6i\,\6r1J , tN,tr,tr,hh A.\(,,\SxJl6ltF l1d",n,ltdI ?ho,rhhalt,t, hiVt,J,titx!ll,,t,J L,fl ilitao,hitritsin,, n},,,tl,rts(l ra i]"tIii!1, .r,,{r,1rR. ]!t6iJ0ot, l\,ltA,i,('l,ilArDs ltitl,ni\..aol,n\,, fi.v,DiEt0r's itr,oR,!q ,,a 1,.\tjJ,{iIu,!fr,,rt, 6U,t,orl)66,jq,. r,"q"11 aq,ni"o;1,,,ti, 1,,r,,, 11"),,y.ro"iy, .,,,*,,,,,,,1'll,[,;;,,;.,,*,,.. l. ._ r3 ?ps6l,31lolr lItl,61lAn{,s6 6.rflrr8qo6rr,rr;;. f1,}63o6o ,,ftlqfn3o 11,nIJl'l]I,itr.l rA,,' nD il6.\itl, lhtp..\6o*nl!,ly,jhorn;1411q, .{xoq,l,, 6.Ur1,rh ilitA r,.,fr/aa,,,r1 ts,l3{,.,6,1t.\ t,,,I;;,;r;' l,.,tiuoJqq,Jln &nq'66.rR .r5 6.\to!l,iriir,.ir. 0it64,,6,, lhlr,aoit" \,i\iiJl]ili\itRtitA. ,t(,nnr,.\\,.\lr, 0rr,(i.\itt, l) ih6 ,ipl, .\,it,rR,l,t 2) tti,r{,,h{l't 5) l.\hij|+el'60,1' q.' 6) il.'R,\16,!lr. 5.\i(xad,rl,. ni,; i\.il'oI l,ni\ Jr)(L)( l', il,,,.l,qrJ,n)l' 6rA,itr t,,nr,r Jidri'Jrth ,)6 d t6ijArr!)it,I c,ltti,t6l,ildoh l,,it'itit6itAr.laa il,1Jr{,\6,, sti li.,aoG sJr, .,6 b,\iiltr,r,iu r oflloo (..\[.ilhJ^,Jq,aln{ tro'{,i,ilAn ilt ,R{m. ilsil,,6, o,-t (n, .r6t,1A,1At' 9 ,111'0 naor h60l, 't,it(,floi, o,\6i1.\ittrlr sit,,. { sil il'ittFl,ot \r,,6r qlAiltL.,ta\o,.\ it,r,1hJ(nit.\11,. ot6A,,Eo,.A,J,{Ao:t,r q,r\ri)lrJAtl1q,itI.,,irr ilt,to11,r1h: l) ?;6ol.vEr5;AoI;;,1o1 A,'il,!i05iPil, I'ii;64(t,,J.Jo,li6,iRo.ti4,4l.?d(to,,t, r6 t,,,ilaEr]nl, AhIq.rr(, A.6ri\n{ ?J6shitolt. {,Cad6t,F)6.d'JAdt, sG l{6&iA6?t|q,iJAoh rll,ito,{si\,il r) t,,\f ..d'4,.,h,t,.tu,it6,,l{,i, iti6,\bi(, illSililrlr, l) l,iV.rd'eoL ,i';),Dl6ol-n Ji,c)rttt-l( x,lr \6 h.)lr,6q,r,lr ai6.\i\il ,b ?J6.\hJsl,. i]t,r,,q,url, l,[Js lr.i[.6afn! AoJ6 An(Ix, its,r,na,it?ni Ainr ob6,nni 1 h.\ilir,rsrs/A0I l,Irlh,,11iiilq,i'.{iii'sl,0h Lnirraitittirrsl' b.!.\nln('h,n',it tr.t.rr)r{1J(tn,t n6 'ilill!iI,l{:t h nl' illi!sl,rl|l, ofitt',{6An{td,h ililn6r'{$',h i1.,1'5,,i,,, 'ri.l..'{ .it,,.ll hs,lahstu,A"r, raij^iElo .,{i\.r{,ot, i,|na ,it060lnl, t,.\[s6a0l$o,iln, Nh0qr)l{ ;tr,l,.,a1,.,rillxrl,,, :E QJl,a,6i, t,stlF.,,,,t, 5utrolflofl'ni, l,l,.r. t,.\-l,l,,s6r, n, 1,.\i1,,6r1,,'l' ilt,, 5) ln6 hr,6t t,,Jrq.J& | h anl'&nn. 6) yt,rilb,6itAt|!io nNi\o!l.ob na .lJSJal L l).5)JJitlJ6ihit6:l' L\4, r,iEl,'nl, t'.,,lito.tioA,!,.\ 6itl"llAnitrr oll ;hilnharanit,' .,-t ut,,-lrtrilr,.i.rq,', ,t{,it,,nt.,lr ',t,,illoEn(In,l' i\nihfit5ilArl,, lrr;lSnrSolol Jli\Jn/,o it6{n+q.ooAr ,\60l' ihnDfl'lrxJ}i)q'o sr) i{,\nhilidiit }'.rh,.! 'L 5 nA lfi,hl!l,,'h ,loi6itJFl,n trn fl;;2 ,ri16Jfi;1AIlr |{,;;AiutnA$,,1' e,,IhlNnltnR, o',il .1,16'r. i).nlq,.\ lshiltqoo' .Ia566iildrnr {.'llirAn[ ,r"tr-illser,rl'i,q,"1"1,, 1]"1L15 0lr hst.,inNr, .\i1 .triz.r'I il 16 hstfimaDlsrxol, iti[]'r'6(l',JRJ]..t|tl' SJAol o:rr' l,niFlnnSr nlruri6 aoan|''tr,in,nn i\,\6"1,,,rl,Jtr. nfl hnt {q'A$oyt'," aiNC,,Xo ler$Xl'JA.iit|I.'itA l, niF,6lq,. o,n .ra l,'60l, l,s,li},.6.,As s6 '{1iluo,13rr'r5g1;14.. ll;F .}.it6jd1ih .rfi'?5:u:,,' l,rjAos6olXlur. 6oAJ|i.(1, ra.\xJ .lit6#I'l! q$Iq'il}:i,n' ';hl,nA.'lhlhr+, .'f n.'ililo.\6r,&,1' ,x,,;lb,r6;fiurr ..r.i\"rll'.'h ill'AluoA'n. il.I(il'rr (,nIx l,itA iEl xA,,ll, 6. I'nVs6iL, 16 i\n6oh.,q'ilAs liJq"ilJA.[61]lll' lrrl' r,Ato1t.r?o e,J|{,A'{,r, ('if .tl,rA"t|]l,iioh ilJo6Jq ahrrll''{{ oan$oa. 6ra ol, na lDh"q,,l$nytr,,;n, thijflo.t6r,A.h ntrrii(li'0!.l.itAh i\6r,Jil6r,t,. ,1,'6'+,nn. rrrril 1lr .|,116;fo ilr,ilili,A,a;lit5 o'.,i,,,ni x, tr1-trs, .)6r,yiitl,,,.itq.' l'";lil,r.6r.A,,l' yt.6i\teflA?o. 7 i,h yt.,il6.'. a{14 ,tr"mi&'n. 6o31i,1; .orn' il6dn, hi||(TrAJi!.,iJr(.i' l,st,J(A\i,"t',1' 6il&,(,16(,).,. .\.t,,,6i)6(a{,JAl, n6 .}a566r,Rq3}" ll;pdrg tJr{,?,r3,Ij'iJg', I,.}, <fg'l?toll .6Ul'o(r,66n .l,aaJ.\s,x,1, A,' 6 s5 6oA0tly(l l,.ja.n6r,asl' rhr,6GorEl,i,ll, Ai|I,i'it lshi]!.1,4\r,,tt',,?r .,f ,tol.)sfi ,st, nilf,6,,1, A?tq,e,,it |l.nti,l,rA-txl,iti\sr{ N';;hlll'o 6. 'iritflr,l$itrq,,, i,Ir6iiI, Jr,6itA,,Tn6 I t,jq ?;1i1.;;;dr;q o hitix{ali,"t,,,l, ih;|r'r d rr41 [3gs'?;;;l.sdr;q l'.\t,,atat,,$,nao '(,il'l,o(ij60,'I 'ililaolNil.!l," ill{ij}.'6i, it,l6nip JoExA,,qr6 4,,r1;fi1-r (lnror{r'ltn *s lr$.tafl Na-1.)6a0Aoq,i5 &{Uht{,n 'alanl'.\lt|l:ol! lxnnitq or, ilit,rlq'i,In r'! lh/.rn, .A ilJ0r6l lhhjtll,ilt','-t,,,'a'l 6J'1n.61' it,lr6r1 lr'6irln rl6il.l n, ;lh'?IJ6Jlll',rtrr- irril ql,ol, ilsl, i\.rli6.\ ,'3 bJl(,?it8,lil6i|lll,, Lrt11-afo,1y,lr ?'(,nl,rhJ|-a\:,':t'!it'\6 1I, Js6ef,ARiir\ ,ld, ,. ,rn,'4il!,1,?,l(l ilt{,0}\16i[,]1, lNlil'.r,r,r<.1irx{o Jr,6Jl.t. (r,Ullr&16 , 6irAol,n.n',, 'niJnd' hitijiti ili,. il' n(jsrl, tihiiito ilf,6Crol, ilollid'd qrill'il.r6;y t.'uwml ilo6JArlr l,iho8q,r ,{i l',\dlirf, ill,J66it,,I.,ai 2 ls.1;y,6XArl,,'116 q,r. p;f il, rr6Xtr11q o 'hrxr11,r I'riL6oa{ol' (J}?lllllttritA,, 1,lrt'r.'|1r 1r,51[nl, N iil,it'ttii,itldls {i ,n-tsl,itAJ'\1,. 6r,,ll<,if,,(] f.6lt',,..a,ir t,its ( q,r(,, .,G ?r,-lt,,,i6iitr!l,,, "6"'l,R.i,J6iilirt,nr,I,ll)t6Li{rihI I,,646sq"i ni, \i,ssnuJq,oh. l$Ai(,0rAol1 q.r trhxr A15;!\rnr1,r h!)Anq,(J4,,',t,16iit rlrt'ita,,{ n6 i).\6ot,"lllifn 3 si) il;11,!.r,1, ,1,1611|r'l,r' .l,16Ji)ol, |r,iti\ltrl,itAit'\,, ltrr0itR(itAn :1,r.rlti' if,6iti,,l' .tr'6l{,.\,)06 i6 6llll,l,il,,i,ri,, l,l,itr t,1r,ilirx .r,\tu'.tn6aA.li itit{itit.\q ll,,{i)A\,i, i\,fi ,lUhJa,,l', [nJo6nitJilon ',1Jfloh';1A,JA'l,il 4 sil il,thq','1, l,,d'ltit,{r, llr ili)-l ,),itFJI)JI.tr {i),\"ttll]iti\iJA,, it'14.\ito Jo6ii',,,t{,s6 a.r it60rr1.(rA.\ .\t,6Io,i l!\\:rii)Ar)lr {iArfl,topit}itR,, ,1,,d,.\\,, it.,BIsLi]6t,!A,,1, 0i\rititnl, ]!6(,t, iti0rIll6itA'it!l,,, it,l16irt', rl,r6itd"A,.6 n,rq A"tR, 'ill0dt,,\it!l,fl41,1. il;1,(r,7 3,rna;r,, J,trr5,,,ir,,.t,17,,, t,.\,1il,,.,5,,,&,l('s5 l,iJeo.sr,Llr il .\.)Glll.\^i)A:tq,o h1(iloxo (,sf 1l)1t:,|\,Jlol! itltr^litito)aon,. o,u1rJql, AnL ?it'nlq,-nrl('" ll',1(r'. d,r\,a6tr ,iA...t,t sF " t;.,!.1,(,,i,,,, itdr,, l,.illl,*6",A,,,,, (,",t",l,tA,itr!1,. ,,a"iill "6 J e1q0o1o (,r{rllr;ip,i,6rrlr itrrn;1ArI i]16th'i,,{tro.h.\h (,rtr,idl1tArN it,J(aoito (.\$th;jl,.t{;Folm'JoI i\r[it.Jq,o L.r6\i,n, il,\ilflil,t,x,,iri. i)in6o,iri)Il,r,A,xtrd \,,, t1.\itr,.n,r, '1. o'it h.t{ iliil,lt6.tq, l,.l,it(l,iltiDjoitr) ltitr.iJR,rA60r ao{JA"t,q,,,s it.-NA.a,, (nt,ilt,itAitRitI l, l,s$?lflxrl,l'x. 3i?'5 se il)tq,,,h AJ-l ,t.it6;lii,, ltitr..\6i016s( ?il.Jlti{,,,tr hJq,l, [ .J.'6oN6 0r6r$uq,ilA"l, il SIt,tl{ob .16o6(t,,JitAu)s5 5 3J(,Nr,1 :l?hil lilrr,1(l' rr(," i|6{r (,,|I,t, ,,t,rii,,,. dr,,B ?it{Jtr,, flxLr}"il,tr,}.rf, ltro(r,o(1,Jl, .rit t.5n I. ,l,l6il(5JAoI 4, ,6J&,q.i6 i)nl{tq,,,6,,6it. &1{flr,it,, idl,'1, ht,N,\i na.n(' i,)j6th,hqil.1,,l, r,,v,itJ h.iyi,,t.taq,,,.fi, (,. t^glt.a"l,, iil 'iti1",.\t;t,ltirA,,t,. t.t,it" itilhlll,Jtr:I. t r"1.1,1;1" ,1.J't"'q'.r;*_, i.,a,s itrJntJ6s[ rJ6 "J ,6nJAh 'd tltqJAotr (,JA: l.x];1tr.I1 r{,\.itt,ijAit,{,;&,hn,lt.,t! ll,1,i,i;, " ", ^ u^x*nara. ",i*,i1 fltt,,r{',, Il tr,r;f6or,r,iIrrtot,rr ;1,\r,r,t,,rl{,:t.! 1. ls;lrnnn;la6,,kj hi{n,t,i,r(JiF?o Lr.t,qDr, 1,., lht.\il4r, hDfi\,q,(,iti,,t, itJt,,)R !s0,\ r tr,\u.t6 4h,,,rL.r,{ oa },ix,.itifl,;!aJr., r,.if*,r1.11lllai il.rx*1.;q1 ',A,ri)'iilA,r flr'{iiltsl,, il,ri\id.' , il{it}i6Jr$I hn\':64.,h ytsild,r{i6,,to it.d,r,lotr n|{.i\,t_rl ,;t l,16r,'l'60 hi[ir6ilol, ytJil6oA6ox 2. :]i6n,ir,,t! .,ll,dn|tl,o i\$rn,,irttJA.,,|rl.i,r i\i,AL6,hC. i,t, r-rw,'itcritA tU!.?itA.tn6;lR h.,hiJql.a$o:t,r11,, .,ar,;p.-lq,*. 6,.n,tl<;;tj,,l ii,,^,,iil,ir, ya,,r, ',fl e.,fi;a,,h ritt,\q,i\,16,r ito[.1r6oh E)11,.\,6:160t, " "o,,ar,xi,,*,rr rri i r,r,,,j..*i l".,ii,,o;,r. ,n /',rir!r,,,t, ..1jrrr,(it6(1t,.\1; ,,,r, .ir(,JA.\6jr{. 1i.,oa..|l6;st, ;,,,yi,,,r, x,1r,,,,{,1.,,i.1r,* i\nnnsn, (lt'i)ll.itnit(r,,ir,a,r' l'.]llf it][r1,,,9 ,it6'DoJ.6,D{iAr,,t.,{rI,n*l." Lsti6&rit}. oB 3rilo,hx1;|lih rn0q,1l,s11: i5 ..6n,tr'6lr,iJo6 h.\ri6ilol, a.ti?, ltr?o, br ?iIlA6'rqo .\6 q,r\1[;[,;1s-,o .]orloA;1ito rti ,3,,xp1A., ,n .r,,,r",16.r,.n*. o",aq',$1,.j, ,.*,r,ul. J6ulr,t1s ,,,.n, N,sih'-t,t,,q r111, Li\r.,r.,il l, .r(.,r,,,,r, ,x,",",,1,.,,",,r"h,,, i".,t"r r;,ir,i,,,,,.i, ,-nrn.,, 6r,riygoql ril ln6uAJ^ lr .\6 .\drl)aAr ot! itllt,,,t,1llrr,;tn 1,,,r,flr,0?1pA,lq. .,1,,r;111.,,ix a*,,1.St,. ' .ix,,,rgr1,\. a\ad..a rfl ,r,,d,hAJi\,,h .,6r,ir}l,Aor, i\rar, \/r \,..6ir,rJ?rjn. r^o,,,.,it.l, ,,,Fnt, .,a l.\tlnir'a l, il, 'i\a'\,\iI', {r r{,\,it;n6,!1, it t!.\A,\A,,hi{ t0 i i5;]ir'i]D dru,r;1ll \,r ,]it[rAsi]rrlh,l, t,iqrl'nhnr r Aijil6n:tl! oil ihhil]n1,. 6,r8Jrl'o.t6 aoAiilo,itdn'i[' l]ar,6i) Lit{ iJaJit6il(,o l,nt i|rl'a\i'"ti1l' 1,.\[...ne,! q'nJJi]UA\,itA\ir's qrA;111;/r"l' "3 aJr'6J l,. t i,q.3\i ,. 1l,.r ,,1'iJ,r,' l,sl",r" lli6i,,-rq,,, rnAs g.r6a.'s(Axlilr il'aAl,trnl,. ir'r)Ai|i:tr(l 'yt,,/;1 'ilJ".r'+irls (,.,n.or,r(l|e.\ .n,6ititq,.\\, t,hxSxA-l|ll,,r Lrtlrq,afo?trrl, 1,.\1.\d,tu,t, i,,t,t .A r16 Iit.t6af,h 'il',,rrDh ,,iltJa,r,('. ',troirA .Jlln/,Iaaon 'An r,' 'i)i{d)(| {.\ilr-t,1,'{1AiJ|i, hi\'r6ar'ilIl, 'il,d6ob. iliil,,6 tl, ih ,r,1 l'.,i,l!.l.ilf('"i,,, il,hl,,{,itt,l, i),'1, A,,iln, .\A n,.,ir tAst,r ll,,\tn\lt,iEl,o \rthxn it6[n ,,J61)l' il.\nip(,I1,V,,5J']'Jq!, nit it;t ,.\6hilit;\ t' t,hit.r |\ itt xq,iti\itao0, ],f,,q'c, Jdi,Ant'.ttrxtrrE i)iA.rrr',ri,ith,r,,6l,rr{,11:(l,,id1, Nxt.q!r tr) (,oilo(,:)6(,:tao I l,1g,l;fl,;Jrr;1q,,, lr\l'JqatIyt'rl) r,I'1",{,lt5i),' ,t( 'il.}ih l' ft,Jir, il;1,rrr;; t,;ytq,drfl,;rdrJqr I'il,i||<il\i,yt,"tr i1;t't,,,\,:t56or,i,,,il,l, it.\|l,ntN,,|i',, {,,ltD|{,it6{it}o ?;Jo,lrq,iJ,\.\ (,.nAi'i,r{,,1,,'il i]Jn6ll l,ihJ!-tlli'yti1ih, I .\ltsttrrrIi. 5ilAit.r,i,, (oit.QJ6,t, Ao itltt,,.t||l, ,., nt\6ilDitJ qNo;\ i\6.,1, ,)A l,xq. ilJa.JJi6J!.1 ir,r1,'{itl'(11,, il.'il,ri' ..1,N,(' 1,..1,('o' (n,t,'lrr)lArrl'', ,j..ll'..tht,..l{/r, .\11 .itt|{.\ .\(i,itid.ii ,( Itr a) ( ito!titsqitaDl' l,.itr.on, tr,,\61 ,1' 5 .lra,,(ji)l,i)h, o)-t r\,o;t.,{,aF(,ali,l, AitEi)yto(},'J60 ililrll,r,IJ|ll,,' ..a1.lr .,,1a,h6,,n (-,4t,:f,ii\DI,,l, itin,ts) ,4,,,flJ*1,,,(] ,1.,/,{iJnn ?tEl,r lr (nao{ fu{itAol, 0.,ll"aL|{'ilq.o ,J,4i]l.,6,i,1, ,ts.1.,6\(l,.n l,.il,{, a(r6x ls .taa,( lr6(y)tl b) (nit,u,l)fi(,NA,,t, l,sitr!rr, (,.\6t,ot, l0 ln!,0r1,(')1' ltitrq,\ l,l,l,i'rllr;ld,l,iIt.tn;1,, Itltrl'',li)11,t,t61q,,, l,.,t,u{,il\\,tt,,,J,5n1, ,tr,,lrIit6lt6i,J..o IIl(]Ai)to h.,lt,JJitit1,1, Lit flt,tit(,)it6 ri) ilit,t,11",,{,jtJdrt, i, \ll,,,itati.'A,,l, t,r,Ix,,t,l, 'a0JLiFs ,I{3ls6d0t, ,,4 t.,ititAr,l, A,ililili16il,. 'x6on'itrioiilU,,i6l,qt0h I'no(r6^(; i\s(nohr"itls tl ,{. .0 il,itl,cl,rt, ),r6it sl,o q,n ltif2 .}i6il6oI q,1;A.1s,,1il;1Ar .,6 i.,sl,,,oiti)6iti\... rrr atr,r,,l{,aht0A.tr llSyyrl)lr rto Syt(1raAllqo n(rol, hJ(,'a,F,titi6'lR,r I'ihj|l<,ilti'ytr,,tr a1,r,,q,161in. .. t ,,,o11,x91,xrt, l,rflon6oA.\l' al|t'6it t Jq.?ilA. 6ilq, t,nt,rlrl,aI,tl.,a,. a,,,aq,,,r, o;ii,,,ll,;t6di,.( I \:i6a,!it{,i|J6t! .\l !60,U*l,itAl, ,,il ,l.'.,1|$t1dJoAilt.',il l$?tilnitiJR'f ilo ilr(,6 hiEt?JAJt6;t*., l,sl,Jql,Af,,yt,{?o *"a, ,,,,,1,,n r;r1q ,r,,o.,q, -16l'ili\ilq,,' B J[n6UA,J1;1,o .,1g1yag,otr f1?poAoor {., yi,q;,i.. ,,,",Aq,,,t, hliilAi (,'itor{i)5q,iJrol! 5\,rt,R., i1?.Jsq,oN ,,1J"xz,,rn,\,itr. "l,1or h,,.l1,flor ,117 sfr etFl4 fuhq,ol, (tirurr1Ali,, 5 /,,,rJ[\i ],a*ritat(t.t.r,rll., ti,tittlJilf,,-.t, n, .aal,.\,1r,1," .Ira.]nhh N1,rd,1 t,arl,.a,p,It6ittll ' .,(,,t.\1, it,/ti,,h...t,Art, .,t ir..,i),,^.L rir itill,r6it t,"L_tq,it\,;,"y.,i,,a- ar,,,.r*1".. l, )1.,,!l,:l\'.,"t' , rl rlo{'Jkj 1|(l.r'Is. 6r,rq.,,1, L,Bitti tr,l.,l,i1l }.q,;[" qo3oq,;6q,;iolr 11.,q..t|r,r. Ihslll,rr|r, it.pJ?o'6q Jl.r .\il Ail,qr6x lritiJq.evnyl,r?o.\6tritt.Jq il.,E,iloil ll,JgJt,i,A,,,t(,ilA"I fti 3.,]ir,,6JA)!r iltllUA.\ nil 'illtA,rhitJltnil'(i .t.. fa i\.\(,rh\,,,!{,,, \,,,lloRii6lLitio .,6 ,.,,\ J6sf,,ri itAi,r(,,, Aqi,JA.r iln,No.\5n\' ..6 6,\fi,R.rAri'tr ?J{,i}J}.\ .it itar,6n h..r,.${.itT.yl,.a, Tn.1ir, , ;t,rAoq,,; t,:,iua"|{"6 .6 ilit8 ,lhaq,,(.\6. A,ntq,,' ll- 2 "il.'1,",,+,. ,\lli\ir..d',, ,t6r\il6rln .\triritil ita,rtq,r.',,. {.v,Ailn.r)",t, Lit tjt!.I, ililit. titdr l,!l Jn5o5fu,;li\tll.l,,4',h ?l l\iA.'a,'lb\,. 3r6rr,.J s6,,t, ","s .rrr{IF6,,h }J6;ryr.,( r,,,trdri, ityir.l,r,di$.1.tr -t il$160 hllq'?,FJit'tJrl'i' t$hUql,ai],H,,nr 60.1,,,tl';t80,), Ai' ,6 .t;ip,, r,.r,.,, ..t,,l,r.xrXR, 5.q'alrrh,qo ,n6 lfur,r .\(i)A,rd,i:tl'{rh .t/,,,,01F0n1, triil6ox, o,r6hol t0 ;6((rJ60b. I'llrtt fl;F, 6Jr:o 1,.\hit{ilvqt,,,JAoh ,r1a.L6,t60l.{n l\:xJAJi" .rd!n,,it6niit;tD,n6[a;iol, I'nBilhi||ll,l,it ['i i,i)it6 Jl 'irx'll(,it{ititA,,t, it.rr1.ti,6ilA,,l, l,,,r4ul, I aif2 .lJ6il6ol' qiFiq,itriJAol, flortl,Jl(,\,1 \r1.. t,il!.1.?itA,Ii6iFl t,nhlllll,t,ryt,1.it,, t.s6it,ai.loao,(,o {n i)ao6lt l,ltq, AltA,ritn illl.l o h.\hiFt8goyti,,t, 6it.l,oq,;tSi,ii,lrDitoh irn|l)sh(,,r{,o .)6r,(lit6do (,M11561tr.r fll,.rq,rr{, ,.lt itt!,6J l$hij(,it\i,.jro?,,, ol.t ,rro{ t6oot, it,;[,;;]l; \,.i6H..eiu6l, Ait6iIYt,,Gr'.Ji, i\ l,f,I;;r{,, |l,r Jhlinritr ,tr6r,(tit6d),,I, a,a.,;,Ailt(,,.,, - ' l) l) t: r|l,A0|ll'hA6r'lt0 r,6t,i6r! 4 dif,il'&, ",ld,,nll5r,)o' .,il u,it[,:l,n) i],, ;itdi,l,,"it,,l, 6,)?F.itl, ,itita,rl,.,its,(,tr 6itAot!a,,itfi, :tnl)os6i' "x',.r<'llJ N,r6 Rn ?ilil,al'.\it.\*.I,h r,,Axoi\scoii.tl,,r6 .\E Lsit)q,r, ,ll,.16 it.r(,NirAitR.JAJ ,,i, it\oirrit .116111hrq,rr .)6xt.xil.t* 11. a,x$1ji,,1, 'ti";,1r!r,,,,,,. a,,iiiil, ur,,r"*"s i\\i)(ilRi, 6iJ. ,\..\r{,,ititA,, ,{,.\i,J,,.\6lJ;\,iJ!{, n",{"r,,l,",ill ,),r,,11XSii,i, * ,,+,,r,.'*.i.. '*i 5 .\n iIJhR{'1, t,,.rlrE!, (,.\ itJ-l ti,t6J6,,t, s|l'?tnq,h .l,ito',lltao'[,1".r';t" ,ri|[1,{,ittr3An I,\rr{,,tAIA,, .i, l\.\ith,,ltIitA \. or,t _rr.,r([,66,nr 1,..t,;tq,Ifr,.xrDtr d,itt jq,rtdn. 6r,,itNq,r,tr,.,itntr JitrrJ{, tirt,i,Aiittoyt,,,it,,. l,i\.,\l| f,6&q,.ar,Ar it^,'1, Nx;t,li],1A. , t6 ,il aa,a6it t,i,{.?lif,t,|nitrt llxl$Ai&,trr( i\sAfl jr(,il\',,ryt,1?l'r ti'.6A,r?doq,s11, o,,1 ;F11,sil,{,ili[ tI6C),,h ii.\\'iAt(Jrr,]o6h. it,,.irIlt\,.\lri(,,,i],rtr., l, 6.1\'{r615n, t itr.l d,la,lit6r|tl, I hJR,it\i,?t,r?t,, \'iJR,',\(,i),,r{,o, n,rititr.l,,,,j6 |l, t,\it?,,d,it61!l,,, )d!aoit6l),, (,,. .,it .lri!.(ri)ttjr,,L 1,s6,!,n, {{it/,ir{,JAot, d.nnitf|la,,rt,\i,6itt,.n,,. d,urAr{,,,l, Dir,h,\l', rarlflitt(,o(l ihu,s6 t aJIi,tq,o {,J6itA,!l{,n '1,,1, ..hrn, -Ir, x,il6rn.,AJA.,t, :d,.,.r,t,i1A.,&,t,.,t,. lt.r,!.1,,!(, .,1.t.r6.\lr.,6ltul,.{, hl,J6XAXr.l.,, n,r5},,,h L,,h 6.\itl)d,, 6.\ti,{r,,1;1r._r3rq3 x;hdi(1;\ro1}., 1,.. t,1R' it[r ' "tr1l, .il, ,l{,.\ h.. ],r!l,itfi,"t,.,llAd,,,:tr I r,t,l.\ [,ita,1('it]JA,,t, iji,ritst{,r,rr\i,t;a tr,. ti n,rt,!1,, ll .''ir'rro,.'iF6nl,o,,oh or*nh(rryr.,, o.,,o016u. a,"ruq,prn .r *",,"ri",,i Jii,ii,ilii i"iuo,ri*r,,r,,. ..it t,tt,(,.,t, tLna,it,\,,h",it,,h. (tat,i,tn6n -(t ,,'0(irh,r,, .,hirtir r,nir6irvr*\.8. ,nor,,,,,,*lf '':';Tj;.l,rll*, ';]#,1'fli,,:l;liJill:;,*,: n6uliiastir nn 1,.,6i\aAlIlEtot,str,1 tr.t6 lr.6itaA{,,,a,,I -r,t,rl,iiotr,1i,l,. a'D5,lt JAXAo .\6 i\,$rntfl6l)1.\ h,.,,r drfx,sq,6.t, ,' l','t,iEl,Af,,yt h 6i,1,,(.Jit,,. r4rritll!.l,ot I nr.ltoh tJ'6i,!q, I'ihiEl,A\i,yt,.,?t,,. t,.,q,s(, \,.,6ll|niar,;t,r ti,r,l,nn {:,;tytR,itAs .,6 il,15iJAr. 6otl .\ft n, |l\,tnl,itr6iJA,Jq,o,,trJo, ilJpitnJ 'iroD.\5[A Ant, ill.? ..6 ita.l4 i]"t[q,,]! ,',,,'A [.'Itr$f,,tt,,i;t,,. 6.,itlq,.;lol, il(i,lirrJ,,]1, .,t1lq,;tint,d,.$ .\tr l, o,iEh.,h. 6\t ot"t,a6it.,c,r.\t,o,i6_ .6dit(l,ol, itJob6t,itilt?t!1,,,,,,l6iDrl(,r t.l (,s Aittiit"t,,( | r,,t6 r,rsl,oArR,t, ;l.ir.,,t, ..hi,,,n, nd,nr.,h r oh.\t,, il|*t*llu.l,.l lril,'6 .\il i.t,1Lt{.,,h (,r iEl.l)Aili\,, i!.frr ititLr \ ,,r,,,,!*,f, ,tiixn,,.f!un.x\rA,,t, rnrSr^1,1,, I.1.,r.t,.iXul,.,* .,.tt,u,, it.rt,|i,i, Il. ilitil,,,h.)iti-;r o,t,)J,)0,jrlirtr ii,\t1;ti\r,a,)6 trlli,?tiir,tx6,i,, I1.\l,iEl,itf.,?t,.,t, r',i1,1,,,\,ir66,, al,,,d,;l iti,.6 ;)itLR"-,,.l..Et,r,t,,iitartEl", ilit'.,r6n 1,..1,-,|{,itli,yr,./iti, J,td,,tjI, Jia6:JA,,h l. iliJafll).\itr'l,lA,, it,1,ta4.\ , .l,a6rA,,h jln,,}l,n6. 6r,flJ!l,.,lt \,.\6it,1.,L,,\ahh j,l(lox, .i\.,t,LJ, h;gT;p,1rrr;1g1,,' t,.,h;t!{,4\':,,"t,rt, t^$"6i1-1, r,n,o, a,,it r,x[IXi.11ax* ,,.ij]*a,,*,,,A" 11r,;q" ;jo6;1tot, 6.[.q,1,,,\6 ?aaoh.ri[{,J&, ,1,,,il l,Ji-,'ili/l,Itd'Jr:] I'rr,ij|i.it\!,yi,1ii,. t,.(nt! ' ll(iJ6.\6J rJ6ntr, -h,hJ;\,,tr (..drLAll1ll.it&,(.,8, ,il ilit,!d,x l,,.r,JRati'?j,1.&, ];.,,...,.'l 1t,n:,lu, ^,',"1.rl,- -:ri,.:. ilirl r,., ira.r tr6-t6ijh'in, {lr,,i ith"r(,,, ,li,6.r&,h ,,.,r,,r,r, l..t,r(,4[,,y1i.,;1,,. (i,,.,ilrl,t, r,.,1,,,\,-tr,,r) h., i f. /,i1,.,.,(.i,.,r,1. 1.,f,ri,i, ,ar,r.,f,r,,ir*,, .,,,i, it.,tt,q{r I.i q, r l, ! nJ,,r{r,\,t}{,,, r,,d,.\llt!, a,1i ,.\t,,it6ilIr ' t1 l) oNit,'ln' lI'ililon6'!d.t, itn6hra,(r,UIt,i ol, itol,t{xD ilil, il ,6J bit|q,ililir,tit6itR, 1,.\t'i,l.l.eti,tt,,ii[, i).\J6ib iti]i)"tt{i6.acl..\{. t,iJqt,A,,t,ifi,o,r,ao 'r,.t;*1l1iii,ir,, fil ihA,nhltJ:riit.. ?Jit,lbitnsla il,J, r{.,*n ,.,roAritit.l, 11r;r,,inlX[,,,.*ri,[i "rlini,aX i).\i\drsil ?ila,hrr*.,ot, ah4q,r,\, .it s.,1i,r{,i}.. o-ar*1,,,1, a,,x,r1i,in1r.' .i at,, lh'.r1r\-lrl, irl,rt,,tll,1,; 2) d,,,,il!.l,ol, l,r6iJ.,,r{.l.oit,,i\n ,\., .,ritt.(rd.. tEJ ((ith tiitA,,trit,,ifi ,,,,,,oa;rrt,,,;l"e t{rr,lt1ri[r. o'rrill(lrr'(1 ot:rrA.r ,r6 itrn.rrrrrrrlr,r ihlr,\A,itoh ,xol,j,\qr,16 tr;!r,1" rii ?lfo,hiti n?1,,, iliflr'lslt.irl,i' q'.ndrh6iis .,a a;1,,o t Jql,.irifl.,,to;r[, ,,.r,;1"1,i\f,rn,11,,. Ari\6nA ilto!l,o(, ,'A Sito!.1,'it,,. 6oAatll,,(t ir,it.t?tott6aA" ., r, , i1,*1,a1,,,i.2,, i,r6hr,6r{ltrl.it}Jti, lr\l8or50A,\lr : t)iJirn,,6o,t6urtriJl,,,lRi, e,aAl).\t,J6ii.r. it,,r,ll..itt,. !ti/6n'!lr (..rAoJd,'rt'UAiJ{ Ir,\ilir(tForf o. qr,1016s6it6,Jq. t):LiFy,x5r,\4, t.rdi5a..ii,.cl,ii\(l\. r6 )u|{.\i),,,tt,,-t6 t,..rjit,,..5,,,ts1,, .,ir6iJn,iE It'ihAoh. r(,r"'.r.,(1iJd.L. !,6{166JAnl,. i6J,0x.16H6ilAoh, l,('1,',4\6,rq,,i,JA"l' *s I,r!,\{.d6+',tl qnil.rlt,l.,aJdiIi' l)nJil,,.\&1Anh. *",,,,r,,*,,.,.,*ll;'l)f i; iruar,.\r,-r6,A.. I :ii l ',\[[,lliJI itift6. il}t8, elftg q,^ ]ril ]itHR,it&n, (,;iJ|rl,1A,r,,, 'h il$itsq,,,t,\,o6tJA,,(,. l,l)|tl?Ja,It Jllll' l$hJrl,A\i'yt'!h /aiih,(,16d),n, il,rr. o..,p,O.,,6,,,, it1;t,,,,,r,,,,, A,a.,X,r11q. hitRytnln, {r hh3r Alri\riit, n[n Lqn.J6t)A,r |r,n,;]J8r,titai aLr!( ,tl nit hihit,{,Efofl,.iit,, ^,)h,\i!6.\J!_rr n,lt \'s-l.,d,nidii(, AI?n,ats .\in ir.\6hr,,n(l ,l|rt;F-|tll.i liX,,,aJ r,x*1.a1a, aXt<, Lnlil{ftirt,,ll' tr,,1 Ns+d,.\ltiJtoo, AJ?.n1Ar tt ilr t,,itrl \,;i" S,g"a. r,.,r,,,J,. i";n,,,, "t,;p,, s5,ibt.itl1$r 'ita,trtl,i]?s \,.v,a t6r,1, .,fl iti]r,nJ l,,,t,a|ll'af,'"t,.,A, 2.. .)B Allhq,oh .l(r6xJqo ,h5l0o[ (rA;tqtiw,,, iti?th;Nnxi(. xr,,,tr, rji)rl,l1xa,IrJra,0 I'rhsl,Btl,fl,rl,6fl'l,oa,il5$ol, llo;6 exe,an L4l, A18,litirUli. t,"l,J,{ei ,t!,.,A, 6"f t,,a]r"r*na1*,, {'rJo6sirilr,oo Att'ay{A,(n5 a.\g qr n6n.t,rl.,1.fai;}" ,,r1,ra,,r" a1,,.,*.,,,* r,,,r,1x*.i rl,nsXa1o1 l,.hJsrA\i'"t,{'i1,, i,'-t l) ili ' ,litirl!r(,o0, i5 l8J 1{,{ill! ni]}r,Ultritrno ilrrlr6(,Xi,' iLa,^,)att|l, l) sIsl,(,sit6JAr i,.v,(:iitn l{,,\AiiorrnlIJ^t{.,,t, Ao,,.6. r6 &,k, t,i},i,q,,,,,,, 6r,ar,{!,0 .v1 l'ir,ao.\(,irit6h iliI,rl;t t,.\l,i|lll,aI yt,1t, 6lr't,.(J6a)t!. (.n l) i6i'1,(r.rf6;tl!,1, ti6.N,n, il.ioi.6u2,Ulll{, s6 sd,.,h ih(,ir,,it,) ll..\l,itt,i/I_|l<,)trr ,,6 fl,,ilto6Jtmlo sl(,;,,ot(,o. it,ACqt1l A,JJo,r,s&JaJq. h ,y.*nS.. ai,",o,r-r,.i1;[,ifri",2" rFr,q,irr,, rF r,\r.\rnr., r,r,ir.,q,l{'rar,r {s,l,,d,.,iruAotr, a11m,r",,, lr"*ni1,,q,,,,,s.,,t,*".-,an*" ilsdn'it('b .\\'iyr(.1,,r *,,..,,1.,,.1;l,ll'li 1i,,...",,.,, (tr,.6U,.1i)rrr,tr,s tra5,,,dr\/nJAo 4,,r trt3. Htrxrltro .61t,(,rir6ilL.. irrhA,<,itl l! s1 1 "l{itAt, \r,q" t7. 1,11!{r,350}ot, AI?lr,IDn 11,i I,rrad,f)lOx6lio I .N '1li|-i6LnilA.,t, rli).t4 ll,. 0t)-tS nitt8l,i);\,,t, ., d),,)Ait|l:,Ii( {itA"t!.l,iiitA.t, ll,,,.l[il(di,n{. ,itili)r,t,.\{itr{i,. tlq,itJil. itr1,,,, h,\hi||rl,it\,,,yl.,t, a5i"*r16,,. i,"i.,,1,i, t'lo,.,1Sra,t, ltr.l,,, ',(iti\t' n6_6r.'itn6 hn.l60l J6n. Aotr an 6 A1r,.{it t,ipailfl.If6Jq i*i;I,l,a\i,Vi,,it, ,!.\6ti{d,(toJr{,JAIr{o ,r,,6.\(,,, rr.\ ,tr\Gr,l,q,n6. ;r;*rq.uAn {.n an6.,r, .a r,,,,al r,.,r,x*,a-q,,r,"i;r,, l. .\3 llithq,ol, .t,,61Im,,, (,\ iti,.2 ),i16i16il,\,)t, NitA,,lrl,itAitA,,l, 'il1fol,rx.x.l'o ,nhit6ltAn ilh,,,li,ox .\il alr,(rlt l,ilJq,Ati,f A( rj t it\,,\ltr(, il.iu,.it6d!, o,;1 ..t153.vir, !,r,hohtoJan ",,:.rqO:ril.rq. t,r{6(rolq,|!it h1y1, ,'i;;i1.1;11oll|r1, lnt,lErAli\t,!n,., i1,.,6,,1,1,r?[. i6t,iJA.i;l(,,) .S l, r,!66,t(,, i),rl1R,,l, .J.tti\t,r,A .lr.,1il6siLl, yi\11i\!l,JAiL il':Jh(\, lE ..i) illlor.\6hAJ,\r,b lt}t9 A,11,!{,1, lll.2 i.,t6il0"li \,,ra.ul,i,ArA|11 i\Nrit\,{,.,t,1,,6nA,n,. \'.\d,l,itqlL A,.il,'.rrii,nA,m, ir"l it.n,i\..tirrfr A \,t,\,ti|,,6r,\oo, t,;6, it;1i1,1;;rr,1111,, L),,t,J!{.ir\i,yt,,l, 6it'r,,,{,lti6,,l'.."itol, i)ia6t{,,q!, )itst,,,it&) r,.. t,t,lt. ill,it.,ltlrr,,\6,\t,R,.,)6anr. t.y,Ailitd)ili\i irl,,,,!.1,a!l,,.N llit,itrl.il\i,il{ iit,, l7 ,.',. I l) l,il(''Ytnl',', 3, ',th( h {toI ',n t'iur,ol,.tte.xA.h ur ..R't'1..r.,16nAr, r6r,N;yq,tr\1 ttrl'?,l8,1it60,i,rr 1,.\l,iri3Vu,rr,!. ilLlrq,ur(r ril I'rtUtll]itlint|I,?lr: "l'll'T",,11,,,,",,, r , .,s rn,\," i .,1flr,1.xi\.1, .,\i,-1,,,,l'ily, ",o6.,6. fl.trr .r,,,Il,,,tr",rlo. "'rlir*.t.,,1.,1y,u. .* ,t, ,r.1rx,{,, t,"ir,:ri a" r,.,,"1,,i,. **,"rn,o,sr., l) nanlh^6. Jrtr'sno l,irllitiln,. i,t,'h.'a6\xR-) {., t,tir. aLit"xtr,,.6.il{.r,6r^.r illll4{"r{ ilir!6x l,i)q,?Jit,H6ar{. t,..},iEl,atoit,a?i,, o?l t$ilb}.?6,, '1j.(7*1^{no6iri)6irt.\ ,,,1S., .,A - s6 lt nll I'n[ijri.i)tipt..il, G.\]r,6sttl.-I6".t,,6,,t i6, - rd' h.,14r.,.\,,ir tr.t,,'|l{,fl[,,"trrl dr11n,|{r66,, ilt.r'|rl,r4r, tr.].IhhiIrr,nr r.\\,i,ar,tr irt,1,6tmr 2. l) a',:tl'Ull\it.rr{ .}"6ititlll,, I'il6,hal' |{'tat!l.i,Ai,a tr.. .ln6h,,i', l{n l,l,x.\ aho.!at,,, ,6n,1,tl'i...r6JAn, d$'A(.o1, i\n{.\h{s h!rad.. ut,,.l,o,t-trio .i,6,,hno, ,h r,,1,{,i1;te.1xrX,,l,,, r",r,i*1,n1,,,"1,,,r, a,,r,,, ilitJfl&'r.l,o it,15\,ii,'\,s6. ,Jit I'r[i11-,itl:,,"t,r1!. a,rl,i, )r,!l.od).,,t.it.4, ili]itr{,,.f,n1,",tt,,h .,6 1,1,{ol,i1;r(iiot, sl,ya1"rAr<rr;Ir rrrrrlsturtr";Ph 1,.At,.i.J6.t,".,1,i,. il[.4ir'll, nil l,i[i|1<,A\i'y],{ih: ,).[ir,uto yt,it",.t.Jar,,.],,dtr, 1,,\r"ir1.\q,i95t) .a tr.\hxq,al!,qrah dri,l i.,ln5o;r., {.;nah.\,r.,6,,,,"n.,ur.,,li, i,,.,r, I nil ;lit{',\6t,Axin,l, i)lr15. itlr16, ihlT {,r flif18 A"tt,slii,,t, {,x;\ tql,rA1A,, lt6(tr|ll,(l)An hJq,?lJAJitrrit\,,' l,ihJsnfdyrah. aoho rr,{ol,,,.t,it6u r,X1q-t,X1|RXrul, ;li}||{,.r6nit,1yt,,l, .i .\!tb,'RoJr4oitn r,66nfirt' fl.,nti i\nltiH|tlo .1,,nit60.,:ttio triillto.\&.llot, yti6ri\RJ,t.ao I'n6l,o6(1,'it!l'iiit*l iloelr.l'iI4JL\hn,r6 l{,.\J"it'il,,6rI,a{ l,iJ(l,-rt,.lit,ir it"l-it6\ ,tua,.,,r,r. r,r.u. i]ltitnitl, sEs l'(,n lt6ila,\ li l\,n ril5l,.,xA.t,rf ir"tt,(r,20 1,f11111;1[g$,, il'aL!{", ll .tarr,ylll,r6itAi, (r .Il!l,iIt,r,x, it_t11.\.ItAo ,1'1nr,,.ildIr .l',r,,'. r,0AIq,'(] .,6n1, ntr LNr.,./titit,jll60q, trrt,iti{,H\r, j,tIriL ]. "iir.rn(,r,l1, l',I1\'.'l'n,,6 LtJ. iltri\,.irl,,\(,,,\6Jlltr-,t,,,;5"ftr.r,.,,,*;,iq,,., *.g,,f1,lp,,l.iiii" i,.i,i"r*. S ,t;l!iijr, k, t,\,Jir,,:hi",r,, r\.\r, t,r,n ( ,,,rrt,r,\,{.J, ,t,,R.il,r.l|l, ...".-"r,, ;6,N; ,,rs,.r, 1..,r..,1,,,r, ,i,,pn ;l;:;i.J-; ,i)5xr6o rr,n,['rxq,r,, r6 ;1q,311,n,,r t,.,,p,,.,n,.,a. ,;;';I r,,.,oj,,,,,* l:;iif,,'f;l,i:i;llr:;, ,1,,,.,',i i il.ur*,,*.* nrr,.,nt6fi,(lll13.\ x"t,t.,rrri,.Jri!, .titl:]ititotrrr ,r,aun, .trrl,rai i.j,n(idr .\n,. l,J{ !4r r',r1,,'s ilorrr,iJ6,r,r Lrr,i,,tArl,ot, a,,(Jilijtr itJt,q,,) ll l,t,,n'ilititIt,,\1!l,rA,, l, t!l, ilrll,J1r,,t{,, t,..l,1l,ltu,"t,!1, /411,,,lr,at(5,,t j 'iti,it,,,l,.rnE,ii,,,t, t,..t, )A,,. aililqJAo(l 16 .d,,t, A.5t,"!1.1!1,,, .ir 'irIo,sIt,i]llA,,L, ,,6.\ it,itr,q.ir,!itij f ir!.,, \'.\d)iloil,,,A,,tr,\ [,,q,,,1r tk,.i]hila,ritrr!, q,,rr\Ji\61i\. ill r"q,L r(, ril lt.1, 1!-,11\\13r.r'il,, I ir'-tt,(., l:l 1,.'l'ilrl,l)\,,,1r,,1' l,i\'.n<rlt,,t, th"/.a t.rq,;t.r;l,r lr,,'!iJIxAiq'li,,l, rrlill6ti,rJq.o Jh6i,]ot, 6.\ti, i\rlilt l! aifl,5.r' l)6trx, txq,?JA,tlntJq(, Iih r6hd\qAl' yt,,-llx,!n0i.r}Il, .,r(i\,,|l1,n,.\6 ll,.tJ.rl,,il, ,I\,1',(ri.\qr,', ';hxl|ll.aA.\ q,.i ili\drrh nA ilJr,6i, h.,l,rrl,it\,,,,t,a?h, , ,1.io6l(l,,. 6r,itiK.,r(t frriitoq r6n!l,o.r tr\,ll1Dit,,,riol,,! i)i(i,ho!r'i|JA?o 6rflil,{.?oH ill(,rds6i|f,Al' I'sf.\.aa,l, 4 - ?tsililotit,,Jo itidrDltDh .\iroq{,. l,i||q'il0i]Jxd!i)rl,', l,nhil,:l,nV,,yt,1h /.J,tn,q,J66,,t, lr'.!,AJi\ilJdn ilh!,q,,!lr, la 1,.\h0q,A\ir$r,,ito ,tn.n,(.),lIl1.,,1, Iitar{.., tjt,it.\ Jq,r,llJ66,, ihh!1,,,2{. ,rdash,, {.\A{^r6,,t, i\.,iilrr,,,lltifln l'.t6Aipino r'6;\ii.r {.nAnO16.l, dsa,!ra,\,t,,ti l,,artr,.,tltl'|iitii,;tril(,i,ijt,!/a.rll, ) 6rrNithr(] triJn,Aitrtrtrl, 6JIn4{J56" .{'1At' itl&rt,,,,1.!.1.[, n6 it,{tJ,{,ir I rA ilJr,.\6haJAnl, a'JAt|qilli,aol, tr,.\6.\l,An(, .itirrhtJAn "t(,,.,A1,,t.,.j,{iq,tr. |vi,,4.[,Cnh t,.\_li6n,a.l|ll,r,ifo. l,il6lit x' {.\1?itJll': - nil 6it'l,o(,it5doh T0A(,h.,it.y{,r,U 11.,(,.rtrs},.rsr(s6 oe o116hoh i1.\iIlJIrxD;t,\1,. d,r'alt:l,oo h.rifr6o'itiBa a' fla&'lnirnA"l,i 1nlr,rh|r-q,,, .1.\|l,rhslrq,ol, 6nrl,,^r . ..4 6r'1,,,|(,,1611,,1, J.\.),,6.,tl{ t,J ir.rl{,..t,.\1..{n(n6 ,,a r,.\6hot, 1,.\il.\6,{J!{,r';t,, Js.l,{nr!l,ir on\rhqi,q.o ,t,,il,!.li],,,,1t.,1,. 6f,flit,_ (l oitr,.\t,shr(nt! 6r4s,n ,\4,!IGn6..ihJo,' ;iJoJ1*rx.r. r,6olH ?JAinh:H:t.\?,,, 16 ,irfu,r .\rJa.\lJturqjlth .dJaut,sit.,!l,.t,it ih iIil!'it6iii, it,rhrrJA,,h itJt,n;!nil,l\\{, itiJflr,h,\;t,.r.1,1, ..s ,j.,r.6"r{,i,, ,.,,"a;1aI,11 " ax,,rqlta., tL,.,rAiti\d,r, I' lhiln4tr,:llr.l{1 i]o 3.11nl,;1gl,r'il;;e,rl'.';1..1-,r' nt Adl, Aytal,,,,;titr.l,,alnfr,, "of,Xf;E1.,,,1.r,1"1,,{,,, ,,,"oiil,,i"o,,f,n"S e.\6h6utll' tj.trt,ritis,l,r |r,s J,,t,6{11,ll i!.\itL\r,rlr,lrh a1,r,11,,i,,r, n..,qr"irir^,r, p'rtr.rh aliltr,itiJr.l.r,Ai,a,, aDo|.r,b (,rdJi\Jr6ot,i!.\6 iln,,,"tr,,l,Ttytqli;l:t(l,,, nii,,r,"1,,!r" .,f 1,.'.l"6o,itirx.l r,?,, ','drll.,iy, (.rtril,r{6u1, iliAr,dr,(rhit., Lr,6(y,ital,N.rA.\,itJa(l)itE.y,6n(, l0 I) 6tttl'itl'\ | h\il.\r.tr'iti)}Ilr,,lt /,ittxrl,iF(),, ,,ll,r^h ila;l,,l,r1stll1,. ..6 ul!.l.r h t.\,t,,6n*1,n, 'il;yo l,il2;r\o[ (aAI!.1,i)Al)troh ,,,,ft,r,a"( .,1;1,,,il<,;ta,, ,\ :r',,lll;x',\r o,.ii,],",,,r, ii,i,lr,*,, Ir,\rli6u,iti,!.1,,,,(,,ir tAl,: . .il 6ill,irr\,J60|h .itri1,Itrrit.t,ll, Li, ir)iq,ntiit,.\{,,,q,n6 rit ,,n6h,rl, i!:it.rJitrnDjtntt. rrr,alq{,.t l1it6,\itn,it,,,itita.,h,\itnsl, t,lt i,\(,nh\, !1,, iln(it,nt,i{ot, _ \il d)ir lii{irri(/)oh (r.\'r,,c).\*l1, l),1r{,onr 0s{'r1,.\r'i(,,,{.r ,,ii',,"n[,,t, i),,ir,,,.rr,,n,anrr. 14,,fJr],,fi Ir6tr{,',il. .lrtod,\,ri,,t,n ii\a,s[,{.tll,,r A"|{it\\i,"(otr lr),.,!.t(,.\ 2),n1 ..i1 jF,.\t;t,itaAnt, [;tLrt,lt,,jrr,,, a,it^.81, t;;l,qr, 25 q,o1,,16,'iIo6,,1 ;o,rl,,,,sij,,,1,.,5 \ l,,(l,ii.r ln14it,n'. 6r;l{'J^,,rI IN?tit,,,.(,i1,t6f t ltq, d;liJ,rjttr itrl,, "r')( | _ .rr'", _ 1,,lL],-.]j ,r:trclt!l. r,:r,,F{if.n-,,.,1t,, .,/, ,rr,(,r s6 .,tytr", ilk)3,t t,,o,.,i\;1au,,, q,nt;;111r0,rt, ",; uanut,,.,,,r., Ant,u.f / ',Ar:l,JAl',\lI _ ililJ;)il(,i/,:16-n,,,\6 ,\6 ?lai,t*l,itA,-,l,ritihJrq,;Jl.ni,,6 L,r,,lAo ,iir\.tr .trr,.,r,,,(,. i),\,r, r,)J tiNJ66,rl,,lr ^./.;titf,i,,\r,A.,1,,. Irt6ilulr illtornl ],Xq,?txit.11"lxq t!.\],xq,a\i,,tt,,?o :r l,\,uinn6 di)1,.tit60iJAh 4. ihaDt,ilHitaoh ;\n6{,.\. l6r{it{a^,t,rll rit ?il,,ihLltidi,L Aitq ihtrlnl, .?rill!1,,, .t,X6il(5ntr. . -"4 illrll A,itl,q,,,l' ax-7 .r,trri16,,t, .,6 it,rr2 il"lh|ll(,t, itlF6 r,16il(jot, rtralrr{rrri,,, ,,;j4,1,r,,, 1o_. ilxnh\,,,q,, ,16,!( tit6d),,. d,rx,,\(l'0,, 16 hL$ 1,.(' ;5r6lrr'[qsrnolr aol,tno iJilDiu].\6Jti oboiri, .to .loilrU,iill' hlU6itI?1r:o lrntr;N]0S,,11,r1, Crit,t,,r! I'Jr]TJ0,illiiilA,,, l,ni,i,!l,1l\r,,tt,11, t$T.t6itul, 6ili\ lNhJq'SToYtln' d'itl$t(,;t(1,,'1, A,,4.,16",,.i] li,t,,a,it.,t, (rhntiti\(,,, ,t) t,,(rjrl,,jt, lrlit.n.l,!i,llrx,t, hl,it6ir\,trrl,,' l,nhJ!l,AIr,ritDlr r'itl(\,JEd,n, .itllit,l,{ra}it,,. t hitlll?0A.,itrin(", l)..tolIl.AS,,yj,al, l,.,li.rr4e0iA,, 6,aaill{un ttn.ti\.r.\q,,, ao,,r.t,,,i6iq .\6 r,itigl,a1oyt,,l, i1i(, r, n6 niasJnoAJ 6J,r,i,'1'J6i),,t, a.x6. .t,fi:ti1{.r(, ir,xs,[;q, r,.ii1*1,'n1,ry;,,a, n6 ilfi{r (,rJJlliFruJa,i,'r,5 i\rsIh;tn3JAjltl .\6 "t".t6r, a,rtu .r,,t.a;r,.,' ,1,.,iX,1Xo.r,' i a.r,,"n 11,l.1iitft'61)dlq' t'i1Aol'i},il6 ltrq11'ita,JqJlitr, 6f,A!tJAtrs6 ,rll[At1i)A"r,l)6;.; ,\6 itito,t,q,JA,\ (.U,.lititll(,;lAn6','6 .t',6ililqt,i\' Il,itBltA,tl(.o t,iLJq,itfiBrah trt;1s i[1,F;1t*r $,\f.\ltA,,J&,. (, ,\il H.rl,!.1,,1, (,Ji\irl,itAJAo lt16(NR,{J},\ nX2 tttsl,,r, t\n6l1r,hrlitCr.,.tq, [.\rl,st,nh.,rrii.l,i]. il.]t,|ir,26 .it6,D,,ird, i;hos6IniF.t, Ji6r(U(,I6i I u,?t .)r 6i' , ij{,,t,, /,!,4 il6trh rS flr6o1.t LxR.,AJA.rfiJr{,, h,:}i,al,,t\ipt,rn il,lilitrt(,itA.\ ,{'l!Jilt' r5 Diit,,,,\:ltititL it,,l, {,ri\it a6rl) .,H ?iltr,.\6haiF,,l, ,1,r;rnH,1^x,.,,t, ;ir,,,ir,.,r"t-,1, a.'r' ilfl'.t,ltql, N .til I'n Lit!l,A! !yt,{,n it,,p. tL\ hiEl,itli,oJoJtr.rroiy, .a S", iA*rrq*,r1r,., x;ot3sr{,n[! o6xA1E ,, 'l,har&,1,.\-6 (sArFt,r,11,ri\r{,s11,. InloL t,iilit,r i\r6ti[.q,]iltq,,\, f.\6ill,itr'ft!h i,n I'itI!., ililtl,ta6Jr.l, l'nhlll.itfrtlrl, ,t,il.rJ6il5oill', .n,X..n,,,A,,. o.aq,ut, dUl,nNif0h.(t I'Uo ('s6n,.,\!ri\;t5l,i.\t, r,tl ll,,tx, itJn,hitiJJ.r ilihitfu,ir\n6itdi ,!it itltu,.r6hAliob 2ri) ' ,11n \:.'6&ory616b. t\r56hn{'Jal gNn$igti,\,.1r4,.\,,.l6irh $ ?i1l..6},flii,,11 ,{;tA,illll,1i_^ ?lllt ilon l(,.rri)i,titifn! i\nnr€SJijit., RoJAJ|{,ltArt, ththbiji! Jo6i,it!.1,o ?h0;1,,,A,6i;;rA,.,6 h,il. fqil, hi6iliitR,.,Ai?,,, I r,.ll .thA,tit6t6dr.iJ6o rr6i,i6r, 1,r51 11..lritAs lr tiro,,trq,,,h l{'.!hiA-t,rrA,T{,n( l,Jx, ilJilJJ6J{,' I'shiJq,af,\t(!tl .t,,,a.t liltdJr. n6it.6rnwh6 \,,\ s6 .it0,1,t,q,,,i -.;;..,,,jj.*ir",,ntaX,,,,t, dht,,ttn6 \y'llitAoh fl.,1'6on,. sil&,lt&,xri,, fl.(.\rlr,-l!lr. ax";,6 hflJi.," ,,,1.r1*,,i., -" 6. it.i,<,,r!,l,itA.,h l,itlllqF,rf ittll ht,;jrq it[o,3,t,r a"{,.t,.,},xq,Al,,yr,"t;ro,,it,,,.s.si*r^*.n_, it.yn$.|(,lrlrtir6iditq,,, (,16r,itr, ?lr,l,*]x;rirA,,lr i]o,tr,it(,,1.\(, L t,J,<,?ita,It6,l1l{, n.\[I!l,N[,,yr,,,i,,.\,i,,fl.]aiLlr6()Jd,,,,r,?,^]6r,itA xd,,,x,J6tr!th,iEharti,t, i.tit'il.rr.l'ol't,'6iillrl,'flitAo,hitilititi|d,,{) 4. h;;q.?tflJ;;dr {, trnLit,(,A$oytrl b ,,rla,l 1J6d.;t6 ,r6it,r6!,illt, \,,,6.. ,rt6doJ,\,r, .r,,66,)Jr),, ojlr15,tr!6. il,!D itr16olr. it!D, ,.6 ilr ,, 1,.,o,a"ia"q,1xs[,11a,,r, Ho,6r\r,,q,4,,,.\,,,,, 'illtal!i\..n,,, ltra r,,Aq,'l,,,t,,,il,,trrx,l' Lia.,tscl,itA,!,, illtt,q,,, 27. ,,6tt,!6ar(r,nt, il.\ |]ttr{n I Lsl,;]\,N\r,,U rn J, na,tit( 1160 Jr'l) \ r,6i1.6,li,Aiti Jt;{.. i,nlt{.rr.tr,[ ,,lU({) , .5,1yrr6rl.1p.r. i6r,aJ!l,og lskrlt tr.!tr.\6sT1ll,r,r{ Lri,,rtr, ,,JEJI" ,a .a;1,,"r,iani,,r, 'q,}p1pnr.r, 'ilJl6iEr,ilaoh rrr iitr\,rt,n[ !l,aS.yt,rJA6o;1,, .1,,6,.r6H\,;ir.l.o],,1, .,{a"S,i,,1n,,aitA,,t, i''n.,1.a1r.t, h;;gf iJ;1e,II6;R il,tl't,xD, Lltr.l, Ailil.tit6 t(.1 ,, t,n[,i)rl,AS.$,rUAol, .r, it--, .r,uu1,n1y,,1a,, 111x\,*.,;t,,y|1anr, ht(l,r t+yrq i,i\,l, ,.{,\,,s1,"^d,o1,, r,,i,il.\r,,!ilA,,t, a,,r.,, "r,.r,,r,.. ,.S 1{,..TiJhitAit,< EJr,,i,ii,,lo" ,1,. i\i{,.r1's}'r{JAi,l, i\nlr,.r,thq,itq,r,IoL it,titJBl, ?11'1,q.;1(,;1Ro .\il ilJi,i6Lit;t,\olr .),r6;g;yrq,o (,. it;Irdrr it.;1l,q.xArr, 2 hlFl, ilril.|N6rr.l,,, l,.,l,irrl,it\i,fl,rtr N,r.rr,r .,N itltt,q,,,h ,),,ni!1(l,o t,j6lf).,1, ,itiJtjiAiitotbq, .,5 ?iri\6r,Ixlr, o,ri,rr]ltA.drr f;troor ..iroq;;irs ,,6 t,.\h.\a.\6o,!.r,,I l.':*"1"*,f.'," \$noiFi jh ,'il i\,.\,,.lr5hi(,j,,1tr,,.h ilnr,j rA,r,rl( .n,tir!i,JAo ?xB.\l,ir,\i l, l, ,1r61,,q,,t:. dr,,, !r,jrnl,i{i rh+., {n,l.r1 ifl lhl'q,ol, .1,!6xit,.:l,n ,),J6,](5o .5 ,t,it&,i,*6.,,16.;u..,,r, r,;1(,.,ar,iqX;;,q,,,a., ,,,or^i'.1r, ,;1,16r.,, nA o6yt'rdran( r,h l, il,\lLitit6ittiF ilt,i )r.1,,!(, ..ili).tinx, n,it,Fit;;t*-iI,t;',-iiit,_,, ,JI'1rqr,.n, ..ir ,,fiit,{dA.ttrx,h ",\a,1tlt6l^n l,rl,.\i1..d,,,,!l,,,,t, (,r hhlr,,rAst,it .6 t,sandnnR,{a6olta i\rq..ttriI lr)nrl,iti\it^t,t, Hi(it,\,,h ,l,6,,,I ). '? ilh*ulr. .t,,6it.r(:.n (,n ;lJ,'r6ij .t,J6JdJAol, (i,A?l|q,JI0&, ,\6lr ilr,,, it A,trt,itrJr,an .,/, lt itn$n6u,t'.\l.4,,[,,tif)6.\],r,.ttll',, r,!h,1,,1,,i);\i,L,. r{,,itR,ilAn0 lJ\i,6r\rir(,i,i}AAr iJnox, ,.6 irit,rr,.i, Lir{ ititil,ritarq,,, t,}t,i,rl,i1f,,y,,.,1, itoIitht,it,q,i]U,f(.,6ar,,ir .pf,.fafXtr,(,.,,\.r, ,{,,, ..ttit,,6,,t\ln,,,t t,,.1A, r6.\-t0,,.t,r1,. 2) ir,'.,f-q,,.,1, r,6i,1rr(rils1lor. rr,,itrl,,,t) N,1.t,.,.tJi\,.,.d).ir.ot, SrA,\e,rn,nr!.l!, annr, $ a.1,,d)r 1,"!.1 'ilJA.,itd,i,x{,,, 1,.) t,x!r, it\:!,utt,, l, ?L(.) Ln t ,l|i, il\,, yt, ,itA6r,rr, ,6 ,, r,,,r,,,*1r*1,,,1, _, . li{0-trq,l,A6,,I,, .\q,A,,6''L,(56\(r,,i1q. .ldrr;j(,),,,t,r,,: t:1 l) .ititlhn(l,rr ,,lr6it.\ rih, .4 a;Btits(r itnritirqnirfra 6IA,rtrir,ifrro t,.\j,i{6r,. ,."f,.hsil6irVi6l-r" ,ralr061.,-r,ri,, ..r .ra",r1nt,".ntl.,, ,,,{..,,1,*r,,xi., ,,n ,,.i11". st', ,,tr;p, .6.1prlitq1,r. r,",.,a11,,,r ;.{tip sxi,,i ,,y1,,,s.,"*,i(161a" tA6oit filt,6oi\h (otuJ,p ptbli.) 5. 8J-l JlSl0oh q,lA:lq,JAii,, s6 :6(,\ ,,l6itt, i\.,i1d.lq.. ,,hJ. rnr,_l,ah l,ltq,.Ana.,it6i*3, A.',hsr,2t l{.i'.lq.r,asdo?tdi,' frdr8ran(lhitfu(!{Ai,toh.\ N \ Ln,t,a6l!:tIl,f, r,,rt'lL;fl,lrcl,rir,,lr o,,,R 3?6ofl(1,xArr ['.,d,a,!a"{i\l)6qr,AJA.lN *n ,l6o;r,)tll,itiL,rtAl,;), rt0il!.lil&(l s$,..n'itA-lxll nr,6ArA,,l,,.[ nJtq,,,29 ,rrrl.s.ito,iti)l);tt{,.r l_ ,. _-"-,itlr*.1'u hitR,'ilitil,rif) <',r l,nhij!,irl'o,i,,{ (,,.tl:l.r,An0o.il16o ,\6hiln,,t! trt,it.\q,iFntr ild,o,iti6ipI \:iJrr,o*lrA,x" .\tG,AirAt, .,8 ,itl",r6Mri,h ,r.,q,..ii" lrr,.,r,1*s,x,,1,..R t,.\116r, 'iL'\,r1,.\ha|ll,n[,,,tt,!ii6o;I, .l6di ji]{..lr.i.t! qit,.,,. tnl,JA,n, .,tiJt,,.},ii. 2 lll, ?litru\6hntAn ,rrq,r?o il;poL ,J.FE.\|,J6JNo [ilrr,o|({,,}lrDo .;li]oitoAi,triFol! iL,{CAoh (,l(,,NnF., i6,rHJt(,a,,ri {,.\|r,it!6J6iFtq.o .J6JAi .,s ,li;u.r,r*;1*1** I!'{06o Totr'.\ll.\t' R Ag,,?t,.,;i6oit,, .16r,(iJ(,i6Jr,,r, r) ?;t,,.Ghaita,,t, ,r;.A, *"r,,rl.|rl,;p. lr, nr,.,Siri. ,,A,1],far*,,.r,. it.n]",l,sit,{,1A1,., !{,r ,30ll,t,\lrl,iJdr Ii1rl1,, ,r,\r.1,..ilo JilLr!.1,,,t, 2) l,sil.t.6di ilit,{,0 aol _ \rit.\6r'1n,,,\tr tl,,..t,, 11A,-t!,1!, i\\" r tr \t r(itAnt, ,,as,n ,. oit .iti],,,t,.r,tR,il?\,t,iJ, r,aotl.l.utt il,'\,itl'Jr3' ,,Ji*a itJ-..6l,ilJ^,,t, ,.,*,,a, .aut,r*.,,,, "i*,,i',' .trq'lti(iro,,1q,. gq,,,tr ,l,,r.lt0!.1, ,."f,,"2"t,.,f, lt,,r,,trun*,,,r,'- .,ror,,r,, {,"1ithii?R. hlit il..{,,1,..I,.,r.xAnt, ito8.ilu, rx"ilitqr{r,'fitnI.. r'itil,,.,6t,a;Art,,rr,{,",it,, ilt("...6,t!1,0 \,qi,t, ,dr1r!.1. ,,.,6x.,drh ..6 flnt. ll.1l,qo 3O n,rrAit(Ai\oh .fl J[i]i,it6,\ . ililaql).tiB{,:tit,.\ l{,n .Js.tooni{,,t, lr,ilit t,l}.,tttl',, ,)n,{.rlh},.,1Ir\,rL il,ilndx, IiJ^otraoi|l6 t.,lr,ri(,.;td, \'il*.,1,, d,,,,srq,,,.. it,,q,i;i-rR;, ,,1i,, ^ rrx6nil,i,,,r,,r, ;i,,*,,r,,u t,, t,*,,,r, iLilr,,t16r, j.,{,Jt,(+ril'|r1,, [.!llr,t, r,,l.,11(, ,,.U,,,.,.f, .,i, ii,f, ,,,rr*rU. ,i , 2) t1..ilsdrtr,i|l,!.1,,,ia.: . ?l A,,,lhi,i,iJi\t. i*,t,,1 (.fJLJA,tsl,i, '.,s Ji)r, 6il;rl,a,16 tr\,t.,\,nt,n[r*o xr.l,l,, a,,rr$1,,1, ;,i;y;r ;1,'jl!.,,a6,,, .r.,q,"J,!,,:6..tq,,, \,!:,,t, .n,",itn{,1\tit.\6,t, N,xadl, ,,oir,\i6o, ;];;;,,,,"\,*,,,, 16(r[ _{'rl\')'iti\r,,\1 rlrl,it,iritoqiln .)r,6;tAitn Jl 'it Dn6t,alinl) t,itIr.,r flpiIit6ilt, t,ri,.6r{,,, ,. Yt!l,ltArN,,t,,i!l,ili\,n, i,h .... I ..... ",,r, {,rrl,tii|l,, uxxn,!i,.rt{,,, t. arrr,tlr.:,. it.\t, r\t,. ,ldn,i1.1 .r,; t,,, r,.n,..A6.\11, .,,.r,,,s,,,.ja,,^ .,r,.,o,i,i, it,,1lr) ra n i\r rl,itilJA.J!.1,o ,it..i6c)itAItr .itirlo[,iInsitr,. .x.r,^"61t','^. 1,.\-1.\6.'1itrl.',r I' I'ifJAi|(n,l' rlirli.r Jn!l,,,,ti1, t,.:l,Ji{,r, ,,//- z-= :{ .r63db.' a,,.Ai|i!ltd:,rl) o,iir,,r{,.\5 .0r,al,iti\ot, ?,tl,r},ir\, .t,,,i6;lilit,,r,', _i,,,*1a,'iqfloi'r' l'0t{AoA$xdn0 ilitd)r6hA\'6i16, 6oa ?tllil|r,l)r,r, 1.\,,,A"t,rl,aAiio i\n5?H0ytJq, 6.\\r,,q,l' l.Jinrn,l l-r'tr i,.r"a,^lliilrr,lrr 'ihi]n,hlj.\'ilr, (ylrritoFo ..,}rlr{',,f)a,rJ6o 'it1,""r,r,n1aur, '{.,.,' ilitJq,.\6,\:trlytl i. .,ll .,h1q,oh.;113q,;;4,I n11ij,,R,,,6/,,,it,, r,6il.\r,, ,i]],,.. r,,irn.,xr,..,,fii,s.r,,1,,,"jji;;q,.6x;q1,,o"11q, 1l)],,;''ort"'*',,, si| ,1il|1, t rrq'n n,1r\'l6 l, I'n,,rr,s{,! rnta'aA\ir,,ri,,!.r,do,, rq,ir,rd,r.4.r,ili l,ac,;rnn,l, rralr,trA({,,t,,1,

AGREEMENT BEIWEEN GEORGIA AND TIIE REPUBLIC OF SERBIA FOR THE AVOIDANCE OF DOUBLE TAXATION WITH RTSPECT TO TAXES ON INCOME AND ON CAPITAL GEORCIA AND THE REPUBLIC OF SERBIA dlsiring to conclude an AgEcmcnt tbr the avoidancc taras on income snd on capital. ol.doublc kration with rcspcct to hlve agred as tbllows: Aniclc l. PERSONS COVERED This_ Agrcerrrenr shall apply to persons Lontracling slatcs. who arc residents ol.one or both oi lha Article 2 IAXES COVERED l. This Agrcement shall apDlv ro rl bchari or' (;,i;.;;;.o",."i,l'':,'.",,'J'fi,,i-i'::il:"i1,0.":"":'r;'lj,,H;::i,:l rnespective ol rhe ntanner in which the).nre ler ied I There shsll Lre regarded as laxes on rncome and on caprtal all roxcs imposcd on totel incomc. on toral capiral, or on elemenrs of incone or ofcapiral. i""iraligirr", 2._ ,. S8ins lrom lhe alienation of movable or ltnntovabte propenv. "" raxes on the tolal wagcs or sslaries paid by enrcrprrses. as \ve as lax€s on capitat apPrccratton. ATT.:I 3. The existing taxes ro which rhis Agreement in Serbra: l) lhe corporate income tax; 2) the personal incomc tax: l) rhe rox on capirat (hcrcinatier reltrred ro (s',Serbian lnx,,): shall apply arc in panicular: in Georgia: l) rhc protit rax: :) the income ta\: 3) the propcny* tax. (hereinaller r€f.ncd to as.,Gcorgian tax.,). Article l. CENEML DEFINITIONS L For the purposes ofthis Agrcemenr. unless rhe conrexr l) 2) othenvisc requircs: lhe,lcrms-a Conlracting Srate., and ,.lhe other Contracting Slale,. mean Serbia or Ceorgia, as lhe conlext rcquires; the tcml "Serbia" nreans the Republic of Serbia, and when used in a geographical scnse it means the ler.itor,v. ofthe Republic ot.Serbial i) l) the term "national'in rclarion ro a Connacting - ,rnr. indir rdual possessing rhe State means: cilizcnship or rutionrlit) ol.a ( onlractinB any Jegal pcrson_ pannership or assGial,on deriving ils starus as such om the la\rs in lbrce in a Contmcling Srale. 5) lhe term "person" includes an individr.:al_ I! ofpersons: company and anv olher body 6) the term "company,, mEalts anl-bod)., corporale or any enlity thot is trealed ConrraclinB Srate,, mean rcspeclively an enterprise carried on bv a rcsrdenl ol a Contracting Slale nnd an enterprisc;arried on U, u ,ariO*, ot the other Contracting St,Iel E) 9) the term opcrared Contlacl hcl\€cn t .*i],i.J r Cr lr3lling Srata: rhe rcmt'.comperent authoriry-, means: 2. flic,, means :lny rrlnsport by a ship or aircrali rhar has rrs ploce ol eilt"ri"" .unuq.,r.ir-i, s r rhe ihip or ,rrrcmn rs ,"r"r"" (,1 unceor its aulhorized represcntstive: in ceor8ia. rhc Lni (,1. Finance tcPrcsen(atltc "r, irr. ,*i"rir.a in Serbia. the Minis0) As regards nt by a.Contractrng State. an). term therein ,n not defined has itl rhat time ae requirEs..have the meaning that it appries Aereemem over r lneaning Bivcn ro the rerm undcr other"or,,""otTJ,'ilJj:l.",il:ffij[;ff1,,,1: hu.\ ol.thar State. Anicle 4 RESIDENT For the purposes ol-this Agreenreflt. the lerm .iesidenr ofa Conrracrrnq Slille,, lmerrs anv person who. under rlre laus of rhar Stale. is liable ro trx th."i" Ul ii"r*, )t or an! olher crilerion ofa similar naturc. "f rl subdivision or local authoriry rhcreol: erson rho is li.rble ro n rhct Slare in tate or capilal siruatcd therein. ta l) hc shall be deerned ro bc a residenl only oflhe Srate in $,hich he has a permanenl home availablc lo him. il he hos a p€rmancl)t home availablc ro hrm in bolh Sratcs. hc sholt bi; dcurncd ro bc u r...,O"r,oni" oi,fr" Srare wirh which his personal ilnd econoNic relarrons are closer (cenrr.e oi ! ilal inrcresls), 5 2) if rhe Slolc ill which hc has his centrc ol. vital intercsts canool Jelermined. or il he has not a permanent home ar"if"Ofe be ro f,i,rr-,n.irf,.r stale. ltc shall be deelled l() he residenl only ollhe Srate in \vhich he lus an habirual abode; l) if he has an habirual aMe in borh Slarcs or in neither be deemed ro be a resrdcnt ontr ot the Statc of 1) ol thcnt. he shall *ht"h;; ;;;;;;;t, "' il he is & nalional o[ bolh Statcs or of netthcr of then]. the comp€tent aurhorilics of rh. ConrractinB Srales shlll sent rfre qresrioi iy iirruaf agrcement, by reason of rhe provisrons ol pamgraph I a penon othcr lhan an l:., _ \n*a rnorvrouat ts ! restdent ol hoth Contracling Slates. then it shail be deemed ro --'be a rcsidenr only ofthc Stare rn which its place ot.efltcrivc managerncni is;i;; Anicte 5 PERIt,tANENT ESTABLISHMENT l._ .For the purposes of this Agrccment, the rerm ,.pcrmanenr cstablishDleDt,, carricd on, ". a fixcd place ofbusiness lhrough which the busin""s oion 2. cnr".p.i"" i. *i,.ify m€rni p"iry The lerm "pem)anenr esublishment, iDcludes especially: r) 2) a placc ofmsnagcment; a branchl r) an ofllce: 4) a factory: 5) a \Yorkshop. and 6) a Drine. an oil or gas $cll. a quan-v or any othq place of narural resources extraction of J. A truilling site ol construction or tnstallation project constilutes a Delmancnr eshblishmenr only ifit lasli nrorc than nine monlhs. 4. Nottvithstanding thc prcceding pro\ rir{,ns ot.this Anicte. rhc rernr .,Dermonenr . ,. eslablishnlcnl" shall bc deen)ed nol to include. l) 2) use.oftacilitirs solsly tbr rhe purposc of storage. disDlay or deltlerv r)l goods (,r merchandise belo tgrng ro rhe enterprisi: lhe lhc ntaintenancc ol a stock oi goods or merchandise belonging to the 4) s) entcrprisc solcl), lbr the (he tnainlenatrce of a fl purchasing goods or nl enterpllse: rhe mainrenanc. of a lixcd ilcr of business solely lbr thc purposc of. rhe e,rrerp <. .,n1 nrlr.r acri,ir! ui.1 lli?l]P au\lIJn'cnntJcter. litr thL, (, ljrf\fisc: the nrlrntcnance ofa ll\cd pl ot actrvtltes nrentioncd iu s overall odiviry of rhe tlxc corrbina0on ts ol a preparato ll: l:l 6) ;;il;;;;,, 5. Nolwithsr,rnoing the provisjons ot.p than ln agenr oi.rn irrrJependerrt sratus r,r behalt ul'iln enrerpflsc flnd has, and ltahrt authoritY lo conclude contracB in the tan deen)co to halc a pefl)tJncnt cstablrs 6 nrc '{n enterprisc shn, nor he dcc,)ed ro have a permancnr estabrishmcnr a Contracting Stcle nrerclr hccouse rl crrries on busrness'in thar genemt comnriss uSenr.or any orher rgenr or.iu ,i:,;;. ,h., strch frersons ing in lhc ordini+ tourse ol.lhuir business i, s,;,;1il;;; ;;;;i". i*"p*,j.;i ;:;";.:; nre ,lll,l.un,pony.*ti.t is a rcsrdenr ofa Conlrading Srare conkols js or is a residenr of rhe orh". Co^"""ii.firr,.. *.i"f, ' canics_on business ir) rhar orher srarc (!.\horher ". rhrouBh p"..un.n,i,,uUii.i."ni , otherwise) shntl nor ot itsclf consritute eirhe. co.,pa; " ;;;;r,;;"*", ;..",;;.;; , rhe olher " ]:..,...,,,-,]"]-l.l conrrollcd by a coDrpan). \\,hich ,,\nrclc 6 tN('OM E FRON, IMNIOVi\llLE pROpERTy l. Ihe term "ronrovable prcp€rt),,shall have the meaning which it has under the law ol tha (lonrracting State in whrch it shall in any case tnclude propeny accc equlpmcnt Used in agriculture and tbr law respecting landed propeny aDpl!. va able or tj\ed pa].mcllts as conatje mincral dcposils. sources and olher natur regarded as imn)ovable prope(y ,'-. The provisions ot paragraph r sha, appl]- ro i.come derived rion rhe direct use. tentng. or use in any orher form ofimmovablc proFrcn). 4 fhc frovisions ot paragraphs and rmmovahlc property ot'an entcmrisc f,n.l ,h. I I shall also opply lo rhc income trom ;,rb";;;;;;;1,d.;#;ffi:il,ii,,Hlne from immovabre propenv Lised,br Arricle 7 BUSINESS PROFITS Thc prolils ol'an enterpnse ol a Conhcring Srale shrll bc raxable only in rhar l.Slate unless Ihc enterprise carries on pcrnrancnr esrabrishnre^ ri,r","a busi ir,"*ill'r1.'lrH[il:J":',T:It;l"';,,,[::St: .ilbresard. thc pr()tlrs ol lhe enterprise mal- hc t....a ,n ,trJ orl., Siu,.i* ol'rhell ,rs is r r iburable to thlt pemranent estahlishment. "^f, ,"'ii*l to the provisions of paratraph J. \\.here an cnrerprise of a Conrmcring 3.-._ carTres -rrbf" on busrness rn ihc Stntc orher Contrccling Sr"rc if,.rgf, ;;;;;;", estEblishmen! siruated therein. there shall in cactr Co^tricring Sratc bci,,,.it r!"J,"'riu, permanenr esrablishmenr the prolirs wnich it mighr be exfcted distincl,and separare enrerprise engaged in rhe sonla " o. r,.iiaio"irri,i", ;;;k;'iil;:;; ,"0", ,n" ,"i". .,"d dealing rvholtl independenrly wirh ,i. .i.rp^. :","r,Ill:l:lljl,i"T rs a perntarlenl es(abltshment J. "f,r:r,ri"f,r dcrermining thc prolirs ofa pcrman€nr es .ln os deducrions c\pcnsej rvhich arc incurrcd for eslablishment. including execurive ano gencral ad riherher i, ttre Sr,lc rn uhich rhe pcrmane-nr esrcblis 4 i, hall be allowed ;; ;;;;;., e,-r".i".r?"0. ;lr;;;;:,. lnsotbr as it has been custollan, tn a Contmctins Smte lo delermine the protits rt on the hasrs ofan apportionmenl oi lhc this Arlicle. 5 No protjls shall be arlributed lo a pcrmanent establishment by reason ol.the lnerc purchase by lhar permanent establtshmen( o[ goods or mcrchandise lbr lhc enlerprise, r:l ,n: purposes t rhc precedinli paragraphs. rhe prcfirs ro be anributcd to the l:-__.. p€rmarenl csrabhshnrel shu be dererrninccl hy ihe .iore nrethod rrr*, there is good and sulllaient tenson lo lhc conrflr\ leaiii-*ir 7. Where protirs include ite,ns ol.inc( hi:l d:uh $i!h. sepamrelv rn other Anicres of rhis convenrion. rhen rhe ,,", ]1']:.) P'uvrsrons ol those Anicles shall nor be alfected uy,r,. pr",ir,""r "i:,iir;;;;i"" "" "* A[lic]e It INTERNA TIONAL TII,\FFIC I Proii(s tionr the operation of shrps or .rrrcr:rli in intcmarional tmfljc shult be taxable only ln rhe ('ontrrcting Sute in rvhich the place oiettlctive managemenr ol rhe enterpflse rs st roted 3. fhe provrsioDs paragraph I shLrll,irJso ilppl) lo protirs In a pool. a ioint ousin r)r an internationar operatrng agenc].. l.ronr the pu.ticiparion Afliclc g ,\SSOCIA'TED ENTERPRISES I r) an enlerprise of a Contractrng Srale plrtrcipates direclly or indir(crlv in the management. contrcl or ciplrat ol an enterprise 2) Contracring Stale, or lhc s nle persons pafliclpile dir of thc olher or indircctly tn lhe mana8entent. \.onxo)(Jr ljJl)rLrl ot.rr cr)lcrllrrs. t.orru.lctilgitureirndan.niarprir" ,it tc Jlhcr ( i)nlncling \iUrC. and in eirher case conditions are rnadc or inrposcd betrveen (he two elltcrprises in rheir commercial or llnancial relarions which dill'er liom lhosc which would bc made beueen independenr enlerpnses. then i.ny protirs u,hich would. il,-b; i;;r. conditions. have accrued lo one rtl the enlerpriscs. but. bt, rcason of rhose co-nUiiio"ns. have rrot so uccrucd. rn0v he inclLrde.l in lhe prclils ,f,", a",..par" ir^.a accordinglv "f ""J 2. Where a Contracring Statc includcs in thc protiB ol.an cnlcrprisc of thqt St0tg , and.raxes accordingry profils ' _ on which an enlerprisc of rhe orhei coniiurrin" Sru," his been char.gcd to ra\ in lhal other Srare and rhc prolirs so i*rra",f .r. irr"iii,""'ilfl uould.hove accrued ro lhc cnrcrprise ol rhe lirsr'. nrenrroned S"i. iL,fl. .,,.aiii"* mnde ber\reen lhr: lwo en(crprises had hcen lhose \hich \vould f,"". f,"""_,rrria ent cnlerpflses. Ihen Ihilt rrthcr State shall l|rake En apDroDriate amount ol lhe tax charged rhercin on rhose profirs. ln detinnining uc rcglrd shall be had ro rhe orher provisions ofrhis Agreemcnt and horities of thc Contracting Stales shall if neccssarl -consuh each other. Arricle 10. DIVIDENDS 1... Dilidends paid bv il c(lntpanl which isaresidentof a Contracting Surc toa resident olthe orher Conrracting Statc may bc tared in th6t other Stale 2, Howevcr. such dividcnds may also be raxed ln thc Contracling Srate ot which lhe company pa-\ illB $e dividends is s rcsidcnt and according to the ta'ws of.rnar Srare. but ilthe benelicial orvner ol lhc dividends is a resideru oi rhle other Conrracting Stare. lhe rex so chsrged shall not cxceed. r) r) i per cent of the g()ss anlounl ol lhe diytdends jI lhe benelicial olvner is a cor pany (othcr than a panncrship) which holds dircclly at least 25 per lJent l'lhe capiral ol-lhe contpan-,- payrng rhe dividends: I0 per cent of the gross amounl ol thc dividcnds in all othcr cases The co,t)petent aurho ties ol the Conrracting Slares shall by rnurual agrecmenr setrla Ihe mode ofapplicarion ol thesc limharions. This paragraph shall nor afl'ecr rhe taxalion ofthe company in respecl ofthe prolits our ol \!hich lhe dividends are pnid. 3. The term "dividends" as us€d in lhis Arlicle means income from shares or othcr righrs. nor being dcb( - claims. paniciporiD8 in prollrs, ss wcl as incomc tiom orhcr coporate rights rvhich is subiccted to lhe sante taxation lreatment as income tiom shares bl- lhe la\!s of the Slare oI \hich rhe co,rrpfln) rnaking rhe airrriiriion l, o residenl l0 4. ,. Ihe prcrision ot pnrigr phs I.rrrtl 2 sha not appl! il. rhe hcnel]cial ownerol the dividends. being residcnl ofa Conlr,cling Contricring State ol whrch the conrpan) pennanenl esloblishnlcnt sltuated lherein. personal services lionr a tlxed base siruate Srak.;'"i.. ""i;;i;.;;;;;';;", 5 Where a company w.hich is a resid income lioDt rhe othcr Conlracting S Ihe di\,idends pcid hr rhc conrpirnl. tcsrdent o, th,rt other SIill( I insolxr are paid is elteclt!el) connccted Nrth r perntitncnL establishment or a iixed base StJrc. [or subr(cr lhe con]pan\ s undrslribured p.otls ro a rax nn ]1,:":1Ilh:,o(trer Inc compin) s unclslrihuled protirs. clen il. rhc Ojvrdends paid or thc undistnbuted prolris uonsrst !'\holly ur pa lvolprotirsurrncurnerrisingrnsuchoih;r.i;,"."'-' Afliclc I l. INTEREST L lnrercsr irristng ln a C nractrng Slate and paid Conrracting Stutu nrav he ta\ed n thal ot'hcr srnre. 2.. Horvever.. such interest mav also be laxed in thc arises and according ro the laws oi.rhat Starc. to a residenl ol. $e orher ConractinS Sralc in tt'hrch ir b, ,f lhe benef-,";i;ri;;f ;.';;;.,, orhcr onlracling State. rhe tax so cnarged rtutt nor e*"aei iO cent ol rhe Eross amounr l rlc inre-r.s. ttre comperei; Starcs shalt bv rrrrruat agrcenrenr serrte rhe "-., nrod. ui."ppt;carion rs a residenr ot. rhe *. ;;i;ili;;;il#:;;:,|"* ofitri, ii; i,"i;;. I N(,lu,rthstandrng the Drcvisions ot.oaragmph :. interesl arising in a ContracttnB Strre alrd p iJ ro a resrdent ol'the orhcr Conrractins Srarc sha be ta\.rble onlv in that other Statc if rhe recipienr rs rhe beneficial ,,il ,. derived byi ",r,,". ;f;"; i;;;., r) t) l) :;:;;;;;i lhe Co\ernmcnt ut lhe ther ('onlracllng Stale rrr political suhdivisions or roccl rluItlofl ltes lherco ll 4 The ternr ,,interesl,,as used in this Arlicle means incone fiorrr debt - claims of every kind. whether or not secured by nroflgx,Ec anJ ,rtrertrc, or nor cor*.ine u li;t r to pa(rcrparc rn rhe debror,s protirs. ani rn pariiit"r. and incomc riom bonds or debenturcs. inctudrne fi;;r-"n".t i"* ij"Jr.n -il p*.,;;;;;; s;;;;";."i liliJ,,", ;,.;;; securities. bonds or debenrures. penalry chargJ io, as inrerest lbr rhe purpose ofthis Anict. r"," p"ynr.,iirr,urii;;';;;"d 5- lhe lorrsions ol pomgraphs I ,rnrl 2 shall not apply ifthe benel]cial owner ot. rne rn(eresr bcraE a lesidenr or'a contr.cring sratc. carrics on b.sincss rn rhe other Conmcrrng State rn which rhe rnrercst arrses. rhrough a permanent situared rhercin. or perlbmrs in thal other Srate indepcidcnt 'pcn;"i "*Uii.frrn"n, ;";;.r"_ lne provrsrons ol Arlicle 7 or Anicle 14. as the case mav 6. . .i".* i, ""ia o. t',*J i"r".l; ,il ;r" fixed- base situared rherern, and thc debt - ctaim in rcipccr ot.wtrici ,1" is effectively qonnecled rvith such permancnt eruUti.t,n.ni bc. shall applv Inter'est shall be deenrad ro arisc in u Contracling Srate \vhen the paver is a resrdent ol-lhiltStale.Wherc,however.thcpetronpalirr[rhcinteresr.,utrrtaif,a,," rcsidenr ol a CortractrrS Srare or not. has rn a Co-nrracring Slatc a- ;;rm; cnr establishnrent or a tixed base in connectio with , hich thc i"a"i-,.a""., intercsr is paid was iDcurrcd, and such interesr ts borne b!., ""'r"iiil,n" ,uat ,".run"n, cstlblishmcnr or tired bas€. rhcn such inrercsr shall be dccmcd ro arise i" ,fia S"* ," which the per.manent esrablishlrent or fixed base rs situared. 7. Where. b)- reason ofa special relationship berween the payer nnd the bcnelicial o$ner or bct$can both ol-thcm and sontc other person. thc a;ount nt rte inreresr. havrng regard ro rhe deb(, claim for which it is paiA, cxcecOs rhi amorri have been agreed upon by the payer and the beneficial "fr"toi".rf,l owner in tfra uUran"" *at relationship. the provrsions of this Arliclc shall apply only . ,f,.'f"o amount. In.such (.asc. lhe excess pan ol the pavments shall remsin ^"",i.""a taxable accordine to thc tir\v\ ot ecth (-onlrccting State, duc rcgard bcrnt had lo lhe other provrsions ol.ihis Agreenrenr Aliclc t2 ROYAI-TIES ]l Royalries arisi[g rn a Conrractrng State and paid ro a resident ol-the orher Lontmctlng 5tilts tay be ta\ed tn that othcr State. rovallies may also b€ ta\ed in the Contracring Stare in which 1-, !0""t:. lnc].afise and recording ro the laws such. ol'thal State. but il.thc bcnellclal orvner o1 the Srutc. tlre rax so chargej ilrl L ,,"i l0 per cenr ol rhc gross amounr of rhc rqr.alries. l.he "_.".,1 Conrracting States shall by nurual agreernenr senle ""rp"i""l "r,l*iii", rhc mode rppfi."ii"" "ilL ,f,i, royal(ies is u rrsidenr of rhc orhcr Contracrirg "f "f Iiniliti(Jn l. Thc lenr "lovnllics,,0s used in lltis r\(icle nteans poyments as a considcra0on tbr the use ol, or thc nghr ol.any kind received li,;;;,-r;;," ., scienrific work. inctudilg cincmarograpli fi1n,, n, tti,ri;;; r"pe; ;;.;";;;"il," retcvtslon oroadcasllng. iu)) pate[1. trodc 11]ark. desigD ", or model. plan. secret tbrmula lbr the use l. ur rhE nthr ro use, inJustriol, .orri.i.rf. ,iri"n,iti, :: f"j:::."1or tbr irtbr urion concenlinS cqurpmenr. inctustrisl, ."i"r,tri" ro Lrse. .rnt copyrigh;,,i *.r"i.iri'"i expenence, 4 The pro!isions ol paruEriflhs I and 2 shall not apply jt.the henetlcial oq.ner ol lhc royalties. berng J residenr ot'a Contracring s*ta, .u"i'a" oi irr,*rr'i" ifr.'",rr* -.ririii.f,r"", Conracring srare in which the royrlties arise. through p"^"*", situated there in. or perfbrrns in rhaiorher s,nr" ina"p"iJ"ir" rhercin. and rhe righr or prop€rry in respect ot.lvhich rhe royalries" 1Y1"i:t:rs :,-,.S:, are.paro enccrr\etv conneoed \!irh such p.nnonent csrablirr,rn"", -#. oi iiili-jjr.. rn such case the pro\ isions ot Article 7 or Arrrcie 14. ,h,-.r.;;;,r. ;lrrjj;;l)."' '[o;;;;;#;]i;,,, 5 ". llo\alries shall be dectrcd to arisc in a (ir[lrrcring Stare when lhc pa.ver is residenl ol that Srare. Where, horvever, lhc person a esrabtishmenr rvas incurrcd. base..rh€n suc rcsidenr oi or nor. has in a CJnrrctirg siute ;-;;;;".", onnecrion*irhrrhirhri.l*iil;",l,"p,,y",r,I lii,t", are borrc tr) such permanenr .,,oUfirfin,.ni deemcrl ro irise t. rh. s,,;; establishment or t:xed hasc ,s situated 6 where, by reason of owner or behlcen both of having regard ;; il;;.'l a payrng rhe royallies. whelher he is a oi ii^.,1 ,;;;..;'il .:;;;;.", th€ payer and the bonelicial I the amounl ot ihe rovalties' Jliv.ilijfjil,lli,liilJil been asreed ,pnn n,, ,r," ru,'., nship- rhe provrsions of lhis Anicte stralt apptv oniy io rhe such case. lhc cxcess paIr of the pa1.,rnenis'shall.remarn tirxabte accordinE ro rhe l!\vs of.each conrracrinB i,^". ii,a'i" ir," other proyisions ol this AgreeDrenl il;-fi;;;;i"i' Articlc ll CA PITAI- GAINS Cains derived b) a rcsident ot.a (.onrracring Stare ]. fronr thc alienarion of imrnovable propert) retbrrcd lo in Aflicle 6 cnd sintarc-d in the othcr may be taxed in that other Slaic. 2 Carus tionl Ihe alienation of nrovnlrlg pllpstty Contracting State tbrming part of rhe business l3 property ol-a permanenl establishment which an enlerprise ofa Conlracring Stale has in aining to o tixea tase ar,ritaufe to Ll residclr ol a Contmctints State in rhe orher'Contracrrn[ State f"i,f,a"o**r" pe, tbnD'n_q indepcndenr Fxrrsonal sen.ices. rnctudirE such e"lri such 0 pcrn)anenr csrxblishmenr (alonc or wrrh "r rt e ,"rrore inreip,isei bas€. mav be toxed in thal other Stale. the other Contracling Statc or ol-movahle proped). pe ii.i,h;';i";i,b, "f oi"j:,r.i ii*o 1 Coins lionr the alienalton ol ships or arrcmli operlled in inrcmational rmft]c or , m:vaDle prope(y penaining to the op€rutton of such ships or aircrati. shall be taxobte onty rn lne Conlrrcting St8le in which thc placc of efltctive enterprisc is siNatcd. nranatement ol, the 4. Cains derived by a residcnl of a Contracling Slarc fmm the alienalion of shares or,compnrable rnlcrests denung rrrort rhin j0 per ccnt of rfrei, uafr.-lli."iiil rnorrecfl). rrorn rmnlovablc propEny sirualcd in thc other ". Contrscting Srare mav be la\ed in rhat orher Srare. 5 Cains tiom the alienanon ol any propeny olher than rhat rcftrred I paragraphs l. 2. and 4 shau be raxabte onty in alienator is a residcnt_ lo in ,i. coitraliiig-iiot. ii'*ii.i-,r," Anicle l4 INDEPENDENT PERSONAL SERVICES l. lncome deriled b), a .esident ofa Contracting Shle in respsct of prolcssional services or orher ccti!rties ol in independcnt charrcter shall bc tnxable only in rhar 5tote. unlec\: r) l) 2. The ternr "protrssional scn.iccs,,inclurics cspccially indcpcndcnr sCien(if.ic. Iitcrary, a{tistic. educarionat or.reaching acririlirs as rvell as rhc indepcnde"i ,i,"iii", pnysrcrans. tawlers. engineers. architecls. "f dentists and accountanri. Arlicle 15. DEPENDENT PERSONAL SERVICES I sI e pt deriv f l" lon u. 'ng ths 16. I g. tg irnd I t, sataries. ,\ases and orhcr or I J .Lonlrcclrng stale in respect ol an tatc untess fig cmplolmcnt is exerciscd in tenl is so cxercised, such rerhuneration as is r State. rhc^ provrsions ul paragraph I. renruneratioD derived bv a ]-.-,, fol:irhstanding resloent ol a Uo tracting Sute in respecl of an employment excrcirea in tt,c orf,", Contmcting Starc shall he ruxable onl1, in thc tircr _ nrentioned Srare I) _ 1) J) lhc recipicnr is oxcceding in I c,'n)tlcncing ,n. rhe renruneralio ii -- -- "- other Shle lbr a pcnod or pe ods not ttl dr\s in aDv i""f". suul rcirr iJ6nqsme6. a, "rJ",i-r..i"o r on [,ehall.ot, an employcr rvho is not a resident otthe o thc remuneaation is not borne bv a permanent establishment or a flxed bise\vhichlheemplo},erhasintheoilrcrState sions ol rhis Article. rcnlunerarion dcrived rh'rrd n ship or :rtrura,i operalcd in Lontrccl rg Slale. mar be laxed in rhc ll-ecti\,e mrnagemenl ol' the enterprise is ;\r ricle l6 DIRLC I'ORS,FEES a Conhacting Slarc similar orBirn ol a raxed in that olhcr Anrclc l, ARTISTES AND SPORTSMEN I \otNithstrnJing rhe provtsjons ol .q11r(lcs I.l lnd 15. incorne restdcnt ol'a L'unlricttnl,l Stale rs tn enle(arner. derivcd b! a such:rs a rheatre. morion picture. radio ot lelevision a(isle. or a ftusrctan, or is 0 sporrsman. lion hrs perso')il ncriviries as l5 such excrcised in lhc other (:ontmcting Shte. mav bc laxcd in that orher Srare. 2. Where inconre in respect of perso[nl uctivtties e\ercised by an entenainer or a sporlsnlan in his opacity as such accrues nol to the entcnaincr or sportsman hlmsclf but ro another person, rhal incomc may, norwrthsranding the provisi;ns ol.Articles 7, I4 and 15, be raxed in thc Contracting Slare in rvhich rhe activities ol.the entertainer or sponsnron are exercised, J. NorwirhstandinB lhc provisions of paragraphs I and 2. inconte dcrivcd by a rcsidenl ol n Conlractrng Stale lioDr his personal acrivities as an entenainer or as u spoasnla shall be tiryable only in rhat Shta jl the aclivities are excrcised in the olh€r Conlracting Stare within rhe liamework ol a cukural or spons exchange programnrc approvcd by both Contracring Srates. Anicle tt PENSIONS Subj€cr ro rhe provisions of paraBraph 2 of Anicle 19. pensions and orher similar ranrurremtion paid to a rcsidenl ol Contracting State in considerarion ol pa5t employmenl shall bc la{able only in thar Stale. t Arlicle I9 COVERNMENT SERVI(]E l) Salafles. \voges and othq similnr rcntuneration. paid by a Contricting Stale or a polirical subdivision or a local authority rhereol. ro ai individual in resp(t of servicas rendered lo thal Slate or subdivision or authoritv shall hc raxablc onl) in lhat Srale. 2) Howevcr. such salaries. \lages and other similqr rcmunemtion shall bq laxable onl!, tn the other Conrmcling Srote il'thc scrviccs arc rcndercd in rhar Sralc and thc individual is a residenr ot thar Slale who: - is a narionaloflhal Statc; or did not become a residenl ofthal State solely for the purpose oI tendcring th! services. l) NotrvirhstandinB rhc provisions ofpara8raph t, pcnsio and olhcr simitar remunemrion paid by. or oul of funds created by. a Contocting State or a political subdirrsion or a local authorirv thereof to an individual in rcspcct of scrviccs ru[drred to rhat Srrrc or suhdivision or iuthoril] sh0ll be taxable onl] in thar Slnle. l) I lorvcver. such pension r])d,,rher srnlrhr remunerarion shJll be ti\rbte sr r( rt thr rnJrvidual rs a residellt ot. and a shallapply to salaries. rvages. pensions. senrces renderEd in conneclion wrth s poliri(xl subdivision or a local aulhoritv n nie lc 20 SIUDENl'S m sources oulside lhal state. A(icte 2l PROI:ESSORS AND It F.S T,,A RC L IJ ERS An individual who visits a Contra 1_ provisions ol paragraph I ot.thi ,\flicle shsll not applv to remuncrauon _The rrom research ifsuch research js undenalen r, in the jr, ,ri^.i,l,r'iit FUblic ir,Jr!,i the private benelit oi.t spccitic or nercon Dcrsolrs .^flicte 22 OTHER INCO\IE SIxte. \rhere\cr orising. not dealt bt'taxable only in rhllirare l7 2. The provisions ofparagraph I shall not apply lo lncomc, othel rhan inconte liom imnovabte propeny as Jcfined in paragraph oi Anicte o. if,rr. ,.",oL"i rr"t rnco a. oelng o rcsrdcnt o[ a Contractint Srate. carrjcs "i other on bustncss ln lhc Contracting Srsle tirough a perrnanenr csrablishmcnt sit atca m|.ein,_or'p.,tarri. ,n Inst other State indcpendent personal sen.ices tinm u rixed $ase srruated ifr.,",i. thE.right or property in respecr of \vhich rhe rncone paid ',na is !vith such pern)alenr eslablishrnent or fixed bar.. In ,r.f, iow ffre prou,rrir ai:i*irc 7 or Arricle I4, as rhecasc ntsy bc, shallappl, i *.ift"ii"J, i"""i".. A11icle 2J. CAPIT.,\L L C.lpital represenled by inrnlovable propcn) rel.errcd lo in Arricle 6. owned by u rcsident ol a ContractinB Sratc ond situRted in the olher Contracting St;". io thar orher Stale. ;;, ;;;; rcprrsenred hy movabte propeny forming parr ot.rhe business propenv l; a- permanenl 1*ii, establishlnenl which an enlerplse ol ol.a Contracting State ha9 in the olhcr Conrracting Slsre or by movable propcrly penaining to a lixcd;ar" ouuiiuUtc to u resroent ot a Contracting St8te in lhe orher Contrading Stale lbr lhe purpose ol pcrlbrming independent personal services. nray be laxed inihat other State. ' 3 Capiral represenled by ships all(l aitcran opemlcd in intemdrional lralnc. and bv nrorable propcrrr pcrlaining to the opemtion ol'such ships and aircrat snafiUe rataU-fc only in rhr Conrrccling State in q.hich rhc place o[ el.ltctive ,unug.rn.* of-iha enlerprise is siluated. 4.. All olherelemenrsolcapitaloiarcsidento[aConlractingstareshall be laxable only in rhat Stare Anicle 24 ELIMINATION OF DOUBLE TAXATION L ln Serbta. double taxation shall b€ eliminated as lbllows: I) Where a resident oi Serbia deri\es incomc or owns capnal uhich. IN accordance wirh the provrsions of lhis Agreemenl. rnay be Iaxcd in Ceorgia, Serbia shall allorv. xs a deduction tiom the ux on the tncome of that residentan rmount equal to thc income tax paid in Georgia: ils a deduclion trom the rax on thc capilal of thot resideDl. an l8 antounr cqu&l lo tltc capilal ldx paid iu Gcorgia. Such deduction in either case shall not. howcvcr. axceed thal pan ot thc income tax or capr(al rax, as cotrrputed beforc the deduction is given which ii anributable. as rhe case mly be, ro the irlcome or thc capilal which [lay bc roxed in Georgia 2) Where in accordance \yrrh xnr prcvision of the Allreemcnt tncome dcrit,ed or capital owned by a resident oi Serbra is cxentpl tiom tax in Setbia. Serbia nray nevelIhclcss. in calcula(ing thc amollni oftax on lhe renrairring inconrc or cupital of such rssident, tak. into account the cxcnlpted income or capitcl : In Ceorgia, double raxaUon shall be eliminated as t.ollows. l) Whcre a resrdcnl ol Gcrrr-gia rirrivcs incoolc or owris capital which. in itccordance rvilh the pro\,tsions of rhis Agreement. nlay be laxcd in the l{epublic ol Serbia. Georgia shallallorv: - as a Lieduction lionl the ta\ on rhe income ol. that resident. an amounl !,qLrul lo lhe inconre ra\ paid in thc Repubtic ol Serbia. as a deducrion trorrr rhe ! oD rhe capiral ot.rhat rcsidcnl. an omount equol to rhe cnpiral tax paid in thc Republic ofserbia \ Such deduction in either case shall not. however. exceed the sums ol.the rax which w'ould have^been accrued according to the rules and rates on this income and capiral eflectile iu Ceorgifl 2) Whelc in accordancc \ith un\ provisioll of fie Agreemenl incoDte derivcd orcspital owned by a rcsidenr ofa Ceorgia is E;empl liom tax in Georgra- Georgia may neverthcless. in calculariig the amount of tax on rhe rerrainrng lncome or cnpital oi such resideni tnke inlo account thc cxempted income or capital n rticlc 2i NON.T,ISCRIMINATION I. ol a Contraclillp Slrte shlll nor be subiected in rhc othcr Contrccrints Slate to auy taxotton or any ,"qii,"."n,., n|ectcd lhEre\vith. which is orher or mor€ burdensorne lhan the laxauon and connecred requilelncnts to rvhich Nalionals nationals of rhar olher State in the same circulustances. in particular with respect lo rcsidcnce. are or nray be subiecred l'his pro!isron shall. norrvirhstrndints rhe provisions ol Aniclc l. also npplv lo persons \rho are not residcnts ol one or borh-o[thi Contracting Stales I Srateless persons who are residents ol a Contracting State shall not be subjecred ilr eithcr Conlracring Stiit!'to any rn\alion or nnv requiren]ent connccted therewirh. which rs othcr or nro.e burdensonre than rhc laxirtion and connected requirements to which nalionals ofthe Stale concemed in the same circumstances. in particular with respecl lO rcsidence, arc or may be subiected. 3. The taxalion on a penltanent establishmcnt which an enterprise ol r Conrmcring State hos in the orher Conlracnng Srate shall nor be less l'avorably levied in rhal orher State than llre laxation levied on enterprises ol that other State carrying on the samc aclivitics. Ihis pmvrsron shall not bc conslrued as obliging a Contracling Slale to grsnr 1o rcsidents oi the other Contractil1g Statc any petsonal allowances. reliels and reductions lbr tcxatron purposes on account oi civil sErus or lamily responsibilities which it grants lo its own residenG 4 Except rvherc the provisions of parugrlph I ol Anicle 9. paragraph 7 of Aflicle Il. or paragraph 6 of Anicle 12. opply, inrcrest, rovolries and othcr disburscmcnts paid hy an enlerprise oia Contrscting Srate ro a resident ol'thc othcr Contracting Srate shall, tbr the purpose ol dctermi itrg rhe larable prollls of such enterprisc. be deductible under rhe sar))c conditrons as if they had tr'cn pard ro a residcnt oI the lirst - mcntioned State. Srnilarl). anr- debts olan enlerprise ol I Conlracting Slate lo a resident ofthc other Conlracting State shall. for rhe purpose ol determining thc la\able capital of such cnterpnse. be deductible under rhe sanre conditions 0s if the), had been conlracted to a r'csidcnt oIlhc llrst - nrcltioned Statc. 5 Enrcrpnscs o[ 3 Conrracring Stalc. tlrc capiral ol rvhich rs \yholl] or panly owned or controllcd, durclly or indirectly. by one or morc rcsidents ol thc other Contmcling SEre. shall not be subjected in lhe tirsl - rnenlioncd Stale to an).taxa(ion or flnv requiremcnt connectcd lhere\\'ith $hich is orher or more bllrdensome rhan lhe lnxstion and connecred requlrements ro \\hrch orher similar ente+rflses ol the lirst nlentioned Strrc ilre or may be subjected 6. Thc provisions ofthis Anicle shall apply to thc (axes refered to in Anicle 2. Arlrclt':6 \ltJTLrAL AGRELI\'l LNT PROCITDURE L Where a person considers rhal the actions oi one or both o[ rhe Contracting Statcs rcsult or wrll result lbr him in laxation not irl Dccordance with the provisions of lh;s Agr€cmcnt. he may, irrcspcuivc ol rhc rcnrcdics provrdcd by lhe dontesric ta\r ol' those States. present his cose to lhc compctent aulhorirr* of the Contratting SraE ol' which he is a residenl or. il his case comcs under paragr.rph I ol icle25.rorhatof rhe ContracrinB Srare ot \!hich he is a nalional Ihe casc lust be presenred within lltree A years liom the flrst nolificatior of rhe action resulting in laxation not in iccordance \rith the provisions ofthis Agreemenl 2 The compctcnt tulhotity shall endcflvour. if the obicction irppears ro rt to tre .iustrlled and il il is nol scll0ble to nllivc i a satislhcloty solution. ro resolve rhe case by nrutual ngreemenl wilh lhe conrpclent authorit) of lhe orher Cortracting State, wirh a vicw ro rhc avoidance ol laxarion whictt is nol i xccordance \\,ith rhis ,A.Breement. Any agreement reached shall he intpleficnted notLlithstanding any limc limj$ in the domgstic law olthe Conrracttng States. 3. The competent authorities o[ the Controcrinq Slates shall endenvour to resolve by fiutual Igreenrcnl uny ditl]cuIics or doubts arising as to Lhc inlerpreLation or applicarion of this i\grccmcnr. The) nray also consult logelher for lhe elimination of double taxalion in cases rrot provided lbr in this Agreemeni. 4 The competent aurhorities olthe Contracting States may communicate lvith cach other directly. including through a joint commission consisting of themselves or their rcprcsentalh,es. fbr. the purpose of reaching nn ng.eement in rhi sense of the precedrng paraBraphs A.ricle 27 EXCI{ANGE OF INFOI{MA I'ION I, fhe conrpercnt iiulhotilies ot rhe Conrrflcring Statcs shall exchange such information as is lbresceably relevant lbr carr\ irg our rite provisrons ol.rhis Ag-reemenr or lo hc adminislration or enforcetnenl ol lhe domeslic laws concemrng ta*"s oIa"ery kind and description imposed on behalf ol lhe Conrracring States, or oJ their political subdivisions or local ar.rthorities. insofar as the taxarion lher€under is not contrary to this AgrEemenr. iD paflicular tbr rhe prevcution ol fiaud or cvasion of such taxcs. ihc exchanBc ol-intbr ariorr is nol resrrictcd by .\rticles I and 2 2. .Any inlbrmrtion recei\ed urder parograph I by a Conlracring Stale shall be nealed as secret tn the same ntanner ts rnformatron obtained under rhe domestic latvs ofthat State and shall be disclosed only to persons or aurhorities (including courts and adntinislaative hodies)concerned \tith rhe assessment or collection ot. rhe infbrcenrenr or prosecurion in rcspecr ol'. the d€tcrntin ion ol ippeals in relitrion to lhe uxes rellrrcd ro rn pitruEt.rph l. or lhc o\'cr\tlht olthe ahore Such persons or authorities shall use rhe inturnri lun,)nl) lbr such prrrposci. nrur nray disclosc tllc tnt.ormation in publrc co!,rt proceedinqs or tn tudicial dccjsi()ns J. In no case shall rhe provislons ol parngraphs I and 2 be conslrued so as Io impose on a Contracting State the oblignlion 2t I) 2) l) lo carry oul adminrstrative n)easLrres al variance wilh lhc laws t|nd admlnislrative pmctice ofthat or ofllle other Contracting Stare: ro supply inlbrmalion which is not oblainable under tie larvs or in the normal course of fte adrrinistmlion of thar or of lhe orhcr Contra;ing State: lo supply i lb nation rlhrch would disclose any lrade, business. indusrrial. coNnrercial or prctbssi nal sccret or 'rraOc plociis. or intbnrration thc disclosure ot r\hich lould be contmn to prtii. pofi.y (order public). 4. . If.inibrnlation is lequesled bt a Conlracling Stale in accordnnce wirh this Articlc,.the other Conlr..lctinB Stste shall use irs inlbmation gathering nreasures ro obtain lhc rcquested inlbrmation. evetr though rhat other Stati ,ry i", ,r"f, information lbr its own tax purposes. The obligation contained i'n r;. "a"a_ p;;"l;g sentcnce is subject ro the limitations oIparagraph 3-but in no case shall ,r.h li'-i;t;;"" be conslrucd to pernlr a Conrracting Starc to declinc ro supply informarion solely because it has no donreslic interest in such intbrmalion. 5. ln no case shall the provisions of paragrEph te construed to permit a Contmctrng Stale to dcclinc ro supplv inlormntion iolely trecause rtre inti.nnarion ,s held b! 6 banl\. other linsncial rnstilurron. nominee or pcrson actin8 in an agency or a fiduciaD capacirv or b.cnusc i( relares lo orvnership inrcrests in a pe-rson I i\rticle:B }IEMEERS OF DIPI-OMATIC I\{ISSIONS AND CONSLILAR POSTS Nothrng tn rhrs Atsrccment shall alect lhe tlscal pri!rlcges o[ menlbc$ oi dtDlonlahc missions or consular posts under rhe gentral rulis ol. i-nremarional r"* ,'"a.ilf,. pmvisions of special agrcemenrs. ,, Afliclc 29. ENTRY INTO FORCE l. . Each ol the Conlracling Slales shall notlry in $.rinen tbrm the orhcr. throuqh drplollauc.chamcls. ol lhc completion ol lhe intemal paocedures necessary for t;e entrv inro tbrce ofrhis Agrccmcnt. 2. This Agreernenr shnll entea inrc tbrcc on the dare ol.the receipt ol. the later notilication.indicaling thc complcrion ol lhc le_qal prcccdurcs neccssurf li)r rhc entry inro lorce ol lhis Agreemenr lhisAgteenr(nr sh;ll h \e ell.ed: I) in Serbial lr respcct o[ the ta)ies on income 22 derived and the rsxes on capiril owned in cncrt lrscal year beginninB on or alier thc ilrst day ot Jnnuary in thc..rrlendar )ear Dcxt fbllo\ving lhc ]'ear in which the Agreenlent cnlcrs ti o ll - rn Ccol!lril: ln tcspect ol- laxes !\,ithheld at souace. rrrr rnconre derived on or alier I Jonuan,of lhc (.rlc llirr reur ncxl tblkrtrng rhc vcir in \rhrctt the /\grcement entcrs into - ln tespect ofother taxes on income and Amicte l0 IEl{i\,lINAIION lhis.ltreEnrent shxll rcrnarn in lbrce un (-r)[lrirctlnB State n)ay ternrinate this A Slvrng rvflttcn notlcc ol lerntination alt lcn year atier lhc tilih reur tiom lhe dar( oi u event. this Agreement shall cease to have I) lbrce: e rn Serbiu: r)l rernriDarion Itas bcen gircnt 23 r) in Ceorgia: - in respect o, taxes wllhheld irt sourcc. (,n lnconte dcrivcd on 'ler I Jtnuary of rhe calcndar )car ncxt wi g lhe tear tn !{,hich rhe noocc is gilen: or lbl . in respect ofother la_!(es on incomc and lfl WIl NESS whcreol lhE undersignud. dulv aurhorized therero. have sicncd rhis AgreeDlent. DONE rn .. on ........... . iu lwo origtnals. in Gcortsian. Serhian and ,:i*rr.g:t b(nh ongrnats. being equa y a-uthenric. In :_ig]l:n. rnlerprcratton ol the provisions of this Agr€( [tent. lhe EnBlish lexl shall "ir"prer"i'Ji,"a.^, ail FOR GEORGIA foR THE ITEPUBLIC OI- SI.RI}IA ,/t k l.l PRO'I'OC0I,: hcr!reen (reorgra and the Repuhltc ol.Serbto \rrrh Respect tO la\es r,n lnc(,me the lblloq.rng pruvision shdll tonrl and on itn ,nlcgral ccse oi ceorgia. rhe renns "polirical suMivisions,, or ,,local aulhorilies,, ,lf.sg means a0mrntstralive-terrilorial unirs,, or.,iocol sc,I go\emrng authorilies,,: lN \!l'INESS \\TIJEREOI rhe undersigned. dul.,, authorised rheeto. have signed rhis .. .. ...... o,r loNE rn ,:"*,lg:'. rorrr'oilgr,,ar, o;,;* lu,Iir"'lr,',11t;i: Ll*]l:1. ?"-:il""i1:lT;f rnrerpretarron L,frhc provisions '.,* ot.rhis Agrteenrenr. ihe English rexi.shoii;;;.;. FOR (iF-ORGIA FOR TTIE REPI-iBLIC OF SERBIA t/L_- Z=