The Management Board of the Public Enterprise for Coastal Zone Management (PE Coastal Zone Management) issued in September 2002 the decision on the criteria for determining the amount of sponsorships and assistance. The decision allowed allocation of money for sponsorships and aid in the amount of five percent of total revenues of PE Coastal Zone Management, where the important events of could be supported with up to 30 percent of the total allocated sum for sponsorships and individual sponsorships would be supported with up to 10 percent. The decision allowed sponsorship of events promoting the protection of the sea and coast, sports and culture, activities regarding the cleaning of the coastal zone, those that promote the use and protection of marine resources, training and protection of the coast, and humanitarian and welfare benefit in general.
The Board amended the decision in September 2006 and instead of 10 percent of the total budget, individual sponsorship could take up to 20 percent. However, this business is disputable, since the Law on Coastal Zone clearly defines that the Public Enterprise for Coastal Zone Management is due to invest the money earned from the lease of the coastline in the protection, development and improvement of coastal area, as well as construction of infrastructure facilities for the needs of the coastal zone. In addition, according to the Statute of PE Coastal Zone Management, the activities of the enterprise are the protection, maintenance, promotion, use and management of the coastal zone, the conclusion of agreements on the use of marine resources, construction and maintenance of infrastructure for the needs of the coastal zone, catering and tourism, trade and managing beaches and the sea coast.
However, PE Coastal Zone Management spent €754,200 in the period from 2012 to 2015 for sponsoring. Those expenditures will be further described below.
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