12 GCA § 58101: Qualifying Certificate Defined.

A “Qualifying Certificate” is a contract valid for a given period of time, executed by I Maga’håga/Maga’låhi upon recommendation of the Authority, between the government of Guam and the Beneficiary, which has qualified for certain tax rebates or tax abatements or for both in return for meeting certain employment, investment, and other requirements as described in this Chapter and in the Qualifying Certificate.