“Corrective Decree” enters into force
Italy’s Legislative Decree No. 209/2024, known as the “Corrective Decree” (the “Decree”), introduces significantly supplementary and corrective provisions to the Public Contracts Code, which has been in effect since March 2023. The Decree was published in the Official Gazette and came into force on 31 December 2024.
The Decree makes significant changes to the regulatory regime for project finance by reformulating of the provisions in Article 193 of the Public Contracts Code.