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The Order In Which Deductions To The Privatisation Agency For State Property Privatisation, Create Objects And Consumed Its Reserve Fund And Payments To State And Municipal Property Privatisation Funds And The State Budget

Original Language Title: Kārtība, kādā veicami atskaitījumi Privatizācijas aģentūrai par valsts īpašuma objektu privatizāciju, izveidojams un izlietojams tās rezerves fonds un veicami maksājumi valsts un pašvaldību īpašuma privatizācijas fondos un valsts budžetā

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The Cabinet of Ministers of the Republic of Latvia in 1999 September 7 Regulation No 318 (in Riga. No 45, 26) the procedures to be carried out in the privatisation agency deductions on State property privatization of objects, created and consumed its reserve fund and payments to State and municipal property privatisation funds and State budget Issued in accordance with the law "About taxes and duties" of the thirteenth article 24, the law "on State and municipal property privatisation of object" article 11 of the first and the third part and the law "on State and municipal property privatisation funds" article 5 1. These rules shall determine the arrangements for what deductions in the privatisation Agency (hereinafter the Agency) on State property privatization of objects and privatizējam objects and privatized tax payment of the principal sum of the capitalization, as well as the order in which you created and consumed the Agency's reserve fund and payments to State and municipal property privatisation funds, and the State budget.
2. All proceeds from the privatisation of State property object, denacionalizācij, national real estate (including land) sales, privatizējam and privatized objects the principal sum of tax payments, capitalization, as well as from the Agency in possession of the rental-purchase in-State property agency charged objects.
3. the Agency is financed from resources derived from privatization of State property object, denacionalizācij, national real estate (including land) sales, as well as from the Agency in possession of the rental-purchase in-State property object. The financing of the Agency the necessary means (hereinafter-the Agency for deductions) are deducted from the Agency's actual cash receipts in that month, according to the Agency for the deduction rules (annex).
4. Allowance for local property privatisation Fund will determine 10% of the balance of funds formed as the difference between the relevant authorities in the territory of the State property privatization of objects results in cash proceeds and on those objects to the Agency for withholding deductions. These deductions payable to the municipality in whose territory the privatisation agreement was registered at the time of the public property of the privatizējam object or incorporated companies, which was the State capital.
5. the Agency shall make deductions for the relevant authorities once a month until the 15th date of the following month after it is made to the object sold the Agency to apply for deductions.
6. the Agency shall inform the relevant authorities of the municipal property privatisation funds included in the Fund two weeks after the last payment of municipal property privatisation Fund.
7. the privatization of the State property Fund calculated amount to be determined, of the total privatisation revenues less the deductions envisaged for the Agency and municipal property privatisation deductions of funds.
8. Reserve Fund (deduction of 10% of the State property privatization funds calculated amounts) the agency used them to finance the expenditure provided for in the law "on State and municipal property privatisation" of objects in the third subparagraph of article 11 and the law "on State and municipal property privatisation funds" in article 5:8.1 the purchase agreement and the removal of privatized objects reverse law enforcement expenses (according to the actual amount of expenditure);
8.2. The Latvian National Archive Fund of the supervisory authorities, to cover the Archive document of public undertakings (companies), which passed to the privatisation under the law "On State and municipal property privatisation of object", and public undertakings (companies), provided for in accordance with the orders of the Cabinet of Ministers (according to the actual amount of this expenditure);
8.3. the possession of the Agency taken over State property object security expenses, which can not provide privatizējam security company (according to the actual amount of this expenditure);
8.4. the privatizējam object state property insurance to cover, if it is not possible to cover the subject of privatization funds (according to actual expenditure referred to some);
8.5. the Agency laid down in these rules for deductions (for each privatizējam object to the extent that it is not appropriate to settle from privatisation revenues of object). These rules apply if the total amount of the deductions required in previous reporting periods are less than the deductions actually used in previous reporting periods;
8.6. the Cabinet of Ministers in other laws or regulations prescribed by the privatisation process-related expenses (such as insolvent and liquidated the firm to recovery).
9. The Agency proposed deductions for privatizējam or privatised entity tax payment of the principal sum capitalisation shall be based on the decision of the Minister of Finance on the principal sum of tax payments.
10. all cash receipts from privatizējam or privatised object the principal sum of tax payments, capitalization is transferred to the State budget to the next quarter's first month on the 20th.
11. When are capitalized in the privatizējam company or incorporated companies the principal sum of tax payments, the funds in the account are credited to the budget in proportion to the tax payment the principal sum of the ratio of the share capital of the company or incorporated companies.
12. Denacionalizācij case-taking and Evaluation Agency for deductions for State property object denacionalizācij is carried out on the basis of the economic Ministry's letter to the Agency for the denacionalizācij things.
13. Money remaining after that agency, local authorities and the deductions for the State budget and the Agency's reserve fund, in full in favour of privatisation of the State property Fund every month to the 15th date of the following month.
14. the Agency shall deduct only those regulations for operating funds for fixing the amount of, and does not apply to contracts concluded with the Agency's subcontractors.
15. the Agency for deductions on State property privatization to object on the basis of an order of the Cabinet of Ministers on the appropriate object in the privatization.
16. the proceeds from State property object wound up spending in accordance with the law "On business" and the law "on corporate insolvency and companies".
17. If an object passes the State property privatization of the Agency repeatedly for deductions on the appropriate object to privatization, starting with the day when the law is laid down in a decision on the privatisation of it.
18. If the object of State property privatisation, evaluation or other activities are organised for international tender, the Agency provided for deductions to be taken in accordance with the agreements.
19. in paragraph 7 of these rules laid down in the privatization of the State property Fund to the amount calculated in 1999 may be reduced by the Cabinet of Ministers of 27 January 1998, rule no. 34 "Insolvent companies and bankrupt the State public employee claims of controlled incorporated companies meeting agenda" in paragraphs 8 and 9 in the order, the amount of the funds obtained from the Agency's reserve fund cannot cover the expenses provided for in those rules to entry into force and the Cabinet of Ministers adopted the Agency's legislation and necessary for the insolvent company (incorporated companies) to satisfy the claims of employees. Cabinet of Ministers determine the contributions Agency carries out privatization of the State property Fund.
20. Be declared unenforceable in the Cabinet of 21 January 1997, Regulation No 48 "procedure for the privatisation Agency is funded and conducted by privatization funds and State budget" (Latvian journal, 1997, nr. 27).
 
Prime Minister a. slice annex Cabinet of 7 September 1999, regulations No 318 privatisation agency regulations for deductions 1. Privatisation, salvage or denacionalizācij things books and legal services; the object of the privatisation project, contest rules, contracts, and other documents related to those conditions, based on the object's referral and acceptance Act (lat object, taking into account the number of staff): Economic Minister v. Makarova 1.1. less than 100 employees from 100 to 499 3040 1.2. employees from 500 to 999 7760 1.3. employees and 1000 employees 1.4 15056 more 25248 Note: selling the privatised company national capital These regulations, multiplied by a coefficient of 0.75.2. object the financing regulations for the evaluation: 2.1 after the physical substance of property methods (percent of the country's fixed asset balances of the company's balance sheet value) 2.2 other 1.3 valuation methods (lat object): 2.2.1 to 2.2.2.1000 1008 999 employees and employees more 2520 3. Real property (including land) sale (a percentage of the sales price) 7

4. control of the privatisation contract, starting from the date of signing of the contract until the privatization rules in a particular burden on the end of the maintenance period, but not less than three years from the adoption of the transfer and the date of signing of the Act until the end of the current quarter plus one month, as well as State property privatisation project object, contest rules, contracts, and other related instruments and privatized tax payments, the object displays as a result of the capitalization of the capital part of the sales contract execution control (lats a month contract). Privatizējam or kill 38 5 object its liabilities and assets, sales auctions (a percentage of the sales price) 5 6. Tax payment of the principal sum of the capitalization (a percentage of the principal sum and the principal sum of tax increment amounts) 5 7. State enterprise transformation of incorporated companies (lat object) 2000 Economic Minister v. Makarova in the