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Hague Court of Appeal – EC free movement of capital: In transactions with Netherlands, Netherlands Antilles is third country not overseas territory

|Treaty Development|Netherlands-Curacao
Netherlands-Curacao

On 16 July 2008, The Hague Court of Appeal held in two joined cases (AWB 07/1037, AWB 07/1045, AWB 07/1048, AWB 07/1050 and AWB 07/2659, AWB 07/2661, AWB 07/2662, AWB 07/2669) that, where a capital movement vis-à-vis the Netherlands is involved, the Netherlands Antilles must be treated as a third country, rather than an overseas territory.

(a) Facts. The plaintiff was a Netherl…

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