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Amendments To The Law "on State And Municipal Property Privatisation Of Object"

Original Language Title: Grozījumi likumā "Par valsts un pašvaldību īpašuma objektu privatizāciju"

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The Republic of Latvia Cabinet of Ministers Regulations No. 13 in Riga 10 January 1997 (2.7. ¤) the amendments to the law "on State and municipal property privatisation" of objects released the constitutional article 81 in order to make the law "on State and municipal property privatisation" of objects (the Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 1994, nr. 6, 14; 1996, no. 23) the following amendments: 1. Supplement article 2 with the ninth subparagraph by the following: "9. in the event of national or local property object with the privatised the second paragraph of article 6, paragraph method the text of this paragraph, by the words "debts and other liabilities" are to be understood such debts and liabilities that have fallen due and which are not fulfilled. "
2. Supplement article 3 with the eleventh subparagraph by the following: ' 11. If State or local privatizējam company or operator-the company has been recognized as bankrupt, then wound up selling the company or the company's real estate, minimum auction notification period is one month. "
3. Add to article 8, the fourth part with point 7 by the following: ' 7) on behalf of the State to establish, by investing their Foundation incorporated companies capital in privatization of State property transferred. Establishing of incorporated companies must comply with the law "on State and local government business transformation of the second chapter of" the incorporated companies. "
4. Supplement article 44 to the fifth and sixth the following: "5. The sale referred to in this article shall state capital, are not suitable article 47 of this law.
6. If the privatizēj object, the application of this law article 3 of part 5 and 6 referred to privatization techniques and incorporated companies securities are offered to the law "on securities" as defined in article 2, the buyers are not appropriate for article 47 of this law. "
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