OFFICIALi !OCUMENTSi Addendum no. 3 22 / OS /2014 to THE AGREEMENT FOR ADVISORY SERVICES on assistance to the Ministry of Public Finance for Strengthening Institutional Capacity in Fiscal Policy Formulation (P144557) Considering: - the Agreement for Advisory Services concluded between the Ministry of Public Finance (the "Recipient" or "MoPF") and the International Bank for Reconstruction and Development (the "Bank"), (jointly referred to as "the Parties") on May 23, 2013 (the Agreement), and amended on August 14, 2013 and February 12, 2014; - the request of the World Bank, Romanian Office of June 2, 2014, to extend the duration of the Agreement until September 23, 2014 and to update the number of days for local and international experts - the provisions of paragraph "22. Amendments", according to which: "Any amendment or waiver of, or any consent given under, any provision of this Agreement shall be in writing and, in case of an amendment, signed by the Parties." The Parties agree on the following: The Agreement shall be amended as follows (revisions are included in bold and italics): 1. Paragraph 13. of the Agreement is amended as follows: "13. This Agreement shall expire on the day falling sixteen (16) months after its signing unless it is extended prior to this date by mutual agreement between the Recipient and the Bank." 2. Paragraph 7.1 in the Schedule to the Advisory Services is amended to read as follows: "7.1. The Recipient shall pay the Bank an amount not exceeding one million four hundred forty three thousand and forty Romanian Lei (Lei 1,443,040) for the advisory services." 3. The table following paragraph 7.2(a) in the Schedule to the Advisory Services is amended to read as follows: "Category of Experts Daily Billing Rate Estimated Maximum Number of Days International Expert 6,840 RON 176 Local Expert 2,600 RON 92" 4. "Attachment 2: Output Matrix", of the Schedule to the Agreement, shall be amended and replaced as set forth in Annex to this Amendment. All the other articles and provisions of the Agreement shall remain unchanged and in full force and effect. This Amendment shall become effective as of the day and year first above written, once it has been duly signed by both Parties. IN Witness WHEREOF, the parties hereto, acting through their duly authorized representatives, have caused this Agreement to be signed in their respective names as of the day and year indicated below. MINISTRY OF PUBLIC FINANCE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By: By: Authon edke Aut zed Representative Name: Dan MANOj PSQIT > ' Name: Elisa tt Capannelli Title: State Secretary Title: Country Manager Date: 204 Date: * 04'. X0 2 ANNEX to Addendum no.3 / 9 / OS/ 2014 ATTACHMENT 2: OUTPUT MATRIX Deliverable Indicative schedule Deliverable 1 11 months after the Study/report comprising examples of good Effectiveness Date practices and the analysis of the systems in several member states (for the VAT, excise duties, direct taxes and duties and tariffs of non fiscal nature, fiscal procedure and fiscal sanctions) as an input for improving the tax system in Romania - Analysis of the system of property taxes 6 months after the including the tax bases used by other EU Effectiveness Date member states; 6 months after the - mandatory social security Effect s ate contributions; Effectiveness Date 11 months after the - Review and analysis of good practices Effect s ate and tax systems in EU member states Effectiveness Date regarding the fiscal treatment of royalties, and windfall gains obtained in oil and gas sector (methods used to establish royalties); - Individual and joint liability. 6 months after the Effectiveness Date Deliverable 2 10 months after the Effectiveness Date Study/report comprising measures of fighting tax evasion identified at EU level as a means for implementing measures of fighting tax evasion in Romania. Deliverable 3 10 months after the Effectiveness Date Study/report having the theme of the legislation in the EU member states in the field of cash registers in order to improve the legislative measures so as to reduce tax evasion in Romania. Deliverable 4 12 months after the Effectiveness Date Study/report on the interpretation of the principles of the "Treaty regarding the European Union and the operation of the European Union" in the field of taxation, structured on types of taxes and separately on the fiscal procedure. Deliverable 5 15 months after the Effectiveness Date Analysis/report on the impact of the project over the beneficiaries in the field of drafting of the fiscal and non fiscal policy, performed. Deliverable 6 10 months after the Effectiveness Date Analysis of the professional training needs drafted for the beneficiary staff in the MPF Deliverable 7 10 months after the Effectiveness Date Training plan established for the staff in the MPF involved in the drafting of the fiscal and non fiscal policies Deliverable 8 13 months after the Effectiveness Date Training of the civil servants in the Ministry of Public Finance in the fiscal and non fiscal fields