Law Technology Research Centre Of Finland (Vtt) And Amending The Centre Into A Public Limited Company

Original Language Title: Laki Teknologian tutkimuskeskus VTT:n ja Mittatekniikan keskuksen muuttamisesta osakeyhtiöksi

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Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/2014/20140762

In accordance with the decision of the Parliament, provides for: the supply and set up section 1 of the joint stock company, the State Council, the Council is hereby authorised to hand over the administration of the Ministry of employment and the economy of the technology research centre of Finland (VTT) and the management of the Centre the property, intellectual property rights and business technology research centre of Finland (VTT) and the activities of the Centre to continue to set up technology research centre of FINLAND (VTT) Ltd (the company). Transfer of delegation does not apply to the Accreditation Unit of the Centre and its activities on the property, intellectual property rights and business. The role of the Accreditation Unit provides security, and the Agency Act (296/2010).
The status of the company's activities, and provides technology research centre of FINLAND (VTT) Oy-company named Act (763/2014).
The establishment of the company, all of its shares.

section 2 of the terms of the amount of the alcohol awarded to them by the Council of State on the disposal of the property and its value, as well as the conditions under which the supply takes place. The State Council also sets the other property to surrender and to the arrangements of the company.
The Council of State determines which part of the property is shares of the company.

section 3 of the tax provisions, the company shall not be obliged to carry out the transfer tax amounts referred to in articles 1 and 2 of the transfer of shares to be set up.
Compliance with the income tax Act, the taxation of income from business activities (360/1968) 52 (d) referred to in article the provisions relating to the transfer of a business.

section 4 of the liability coverage, the company is responsible for the debt, rental, service, purchase and delivery agreements as well as other similar commitments, which technology research centre of FINLAND (VTT) and the Centre for metrology and accreditation are working for the company and in the case of supply during the property and the business.
State shall be responsible for the commitments of the company on the basis of the move of the alternative, unless the other party to accept the transfer of responsibilities to the company. The company is obliged to pay to the State, what state, on the basis of this referred to in subsection responsibilities to perform.

section 5 of the conditions of employment of the staff of the change in the status of the staff of the operations are set out in the employment contracts Act (55/2001) and the State Civil Service Act (750/1994) the provisions relating to the extradition of the movement. Research Centre of Finland (VTT) and Centre posts will cease to exist and are based on the official relations, as well as the fixed-term civil service relationships will end without notice on 31 December 2014. The staff moves to the employment of the company with effect from 1 January 2015. Technology research centre of Finland (VTT) and the työsopimussuhteinen Centre staff will move to the employment relationship of the company with effect from 1 January 2015.

date of entry into force of article 6 of this law shall enter into force on 1 January 2015.
This Act repeals the law of technology research centre VTT:stä (9/2010) and the technical centre of the law (1149/1990).
The Council of State can do 1 and 2, measures referred to in article before the entry into force of the law.  The company's articles of association may be established, and the company may be entered in the commercial register prior to the entry into force of this law.
Technology research centre of Finland (VTT) and the Centre for the last period in the financial statements and the audit referred to in paragraph 2 shall apply to the laws and the State budget Act (423/1988) and under it. The company manages in this respect, technology research centre of Finland (VTT) and the tasks of the Centre.
THEY are 74/10/2014, 2014, TaVM EV 84/2014