F.
G.
H.
I.
Provision of technical advice to the entities operating in the IT
field and training the personnel of such entities.
Holding fairs, conferences and seminars on ICT inside and outside
of Egypt.
Establishment of or participation in companies which assist in
developing the ICT industry.
Depositing, recording, and registration of original software and
databases submitted by entities or individuals publishing, printing,
and producing thereof in order to protect copyrights and other
rights.
Article 5
The ITIDA shall have a charge representing 1% (one percent) of the revenues from the
services and businesses provided by establishments operating in the ICT field to be paid
by such establishments, and deposited in an account for contributing to the development
of the ICT industry.. The ITIDA board of directors shall issue a decree identifying the
services and businesses to be subject to that 1%..
Issuance and renewal of the licenses stipulated in item A of Article 4 of this law shall be
in return for a fee. The categories of such fee and the rules and procedures of applying
thereof shall be identified by a decision of the ITIDA Board of Directors.
Article 6
The Authority's financial resources shall be as follows:
a) Allocations by the State for ITIDA.
b) The charge which is stipulated in the first paragraph of Article 5 of this
Law.
c) The charge stipulated in the second paragraph of Articles 5, item (C) of
Article 9, and Articles nos. 19 and 22 of this Law.
d) Fees for other services provided by ITIDA.
e) Gifts, donations and aid accepted by the ITIDA Board of Directors.
f) Loans and grants contracted for ITIDA.
g) Return on investment of ITIDA funds.
Article 7
ITIDA shall have an independent budget to be prepared in compliance with the rules of
preparing economic authorities' budgets. ITIDA's fiscal year shall correspond with the
State’s fiscal year. ITIDA shall maintain a bank account at the Central Bank of Egypt to
deposit its funds. ITIDA may open a bank account in one of the banks pursuant to
approval of the Minister of Finance.
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