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Anti-crisis Shield 4.0 - changes concerning perpetual usufruct

09/06/2020

The lower chamber of the Polish Parliament (Sejm) has completed work on another legal act concerning the “Anti-crisis Shield”, i.e. the act on co-financing of interest on bank loans granted to provide financial liquidity to businesses affected by COVID-19 (the so-called “Shield 4.0”). The Act provides for a further significant extension of the deadline for payment of the annual perpetual usufruct fee and its reduction. The Act is currently awaiting further work in the Senate.

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Authors

Portrait ofLidia Dziurzyńska-Leipert
Lidia Dziurzyńska-Leipert
Partner
Warsaw
Portrait ofZofia Nejthardt
Zofia Nejthardt