| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No. 83, 2009 (1.10.09) |
| Publication Date | 01/10/2009 |
| Content Type | News |
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A procedure for prior authorisation of cross-frontier property investments constitutes a restriction on the free movement of capital. For such a procedure to be justified, it must be based on objective, non-discriminatory criteria which are known in advance, so that it adequately circumscribes the exercise of the national authorities’ discretion. |
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| Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2009-10/cp090083en.pdf |
| Subject Categories | Internal Markets, Law |
| Countries / Regions | Europe |
