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Amendment to the law on non-profit associations and foundations
The Luxembourg legislator has just adopted a new law dated 4 December 2024 (the “Amending Law”) amending Articles 7 and 77 of the law of 7 August 2023 on non-profit associations and foundations (“ASBL Law 2023”).
This Amending Law, which came into force on 13 December 2024, brings three changes to the ASBL Law 2023:
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