Banking and Finance 2025

SLOVENIA Law and Practice Contributed by: Vid Kobe and Peter Gorše, Schoenherr Slovenia

8.8 Environmental, Health and Safety Laws Various environmental, health and safety (EHS) laws may come into play depending on project character- istics. A large part of the EHS legislation is based on the EU framework. Key pieces of legislation include the following: • Environmental Act; • Nature Conservation Act; • Spatial Planning Act; • Water Act; and • Health and Safety at Work Act. These laws will generally apply irrespective of investor nationality. Governmental authorities responsible for oversight include the Slovenian Environmental Agen- cy, Slovenian Water Agency and different inspector- ates.

ment plans and the protection of existing water rights. Moreover, certain water bodies and their surrounding areas are designated as protected zones to preserve their ecological and hydrologi- cal functions. These include Natura 2000 sites, national parks and other nature reserves. Activities in these areas are subject to strict regulations to prevent pollution and degradation. • There are no general limitations associated with the exportation of natural resources; however, specific regulations may be applicable to particular exports contingent on the nature of the natural resource in question. Furthermore, all activities must adhere to applicable sanctions and trade restrictions in accordance with national and international regula- tions.

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