Cabinet of Ministers Regulations No. 197, Riga, 11 July 1995 (pr. No 37 11. §) rules on the compensation of the former owner of the property's value and its comparison with privatizējam objects (things) current value Issued in accordance with the law "on privatisation certificates" transitional provisions (4) i. General questions 1. these provisions define the methodology, under which the former owner of the property, homes, businesses, hotels, cinemas, shops, hospitals and other property object (other than land) — the value of the calculated refund periods to the privatization certificates and comparable to the current value of the privatizējam object.
The former owner of the property, the value of compensation (hereafter referred to as ' the compensation ') is part of the value of the object to which the proprietary rights are renewable. 2. These provisions in their work using institutions (Government institutions, town halls, district and Parish Councils, as well as judicial authorities) that restores the property right and value of compensation calculated according to the law "on property rights renewal undertakings and other property objects" (the Republic of Latvia Supreme Council and Government Informant, 1993, no. 14; Latvian journal, 1994, nr. 123), the law "on property return the rightful owners" (the Republic of Latvia Supreme Council and Government Informant, 1991, nr. 46; Latvian journal, 1994, nr. 42), the law "on homeownership in the Republic of Latvia of denacionalizācij" (Republic of Latvia Supreme Council and Government Informant, 1991, nr. 46; Latvian journal, 1994, nr. 42), the law "on privatisation certificates" (Latvian journal, 1995, 52 no) and regulations. II. evaluation of the former owners of property 3. Former owner of property valuation and compensation recalculation current prices or privatization certificates to be carried out in three stages: 3.1. former owner property (fixed assets) the original value at the time of nationalization in rubles or pre-war lats;
3.2. calculation of compensation of part of the original value, or the value of the refund or the pre-war rubles in dollars;
3.3 rubles or pre-war compensation, expressed in LCY, the value of the conversion at current prices (in dollars) or privatization certificates. 4. If the former owner has already received compensation for the nationalized or seized property, the amount received (after recalculating the comparative prices) should be deducted from the refund value. 5. the original value of the Property at the time of nationalization is determined on the basis of the first postwar inventory of fixed assets (from 1944) or other documents provided by a former owner, and indicating the value of the fixed assets. The initial value is determined by the following: 5.1 the former owner of the property's initial value is calculated according to the appropriate object in the residual value of the asset amount (the balance value of fixed assets is calculated from the value in the balance sheet or asset value minus depreciation of creation);
5.2. If the former owner shall submit the necessary documents, the former owner of the real property (after deduction of the value of land), the original value shall be determined in accordance with one of the following documents: 5.2.1. real property sales contract (squeeze);
5.2.2. the document with which the real property assessment of taxation;
5.2.3. the assessment made in the real property to the credit institution of long-term mortgage;
5.2.4. the insurance authorities issued a document that contains the property assessment;
5.3. If it is not found in the value of the property documents, but to the said property or evidence in court is a proven property rights and determine the composition and condition of the object (from 1944), then the property initial value, based on the conclusions of experts, determined by analogy — according to two of the object equivalent to the average of the original object to the value, calculated in accordance with these provisions and having regard to the value of the land price difference in the real estate and comparable real estate building area per year for which the former owner of the property is calculated to the original value. 6. in the light of the statutory requirements for the composition of the underlying assets change, compliance with the compensation value is calculated as follows: 6.1 if the initial value is determined on the basis of rubles, the first postwar inventory of fixed assets or the postwar nationalization of the legislation or other document of post-war period of nationalization, the object of compensation is equal to the original value.
6.2. If the initial value set or the pre-war rubles in dollars, based on the pre-war Nationalization Act, purchase contracts, mortgage, accounting or other documents, and object of nationalised before the war or immediately after the termination of hostilities in the region of Latvia (1944-1945), the original values of the object to be part of the report (in percentage), which during the war partially or totally gone or diminished losses. Objects whose initial value is calculated on the basis of the documents drawn up before 1939, the depreciation calculation;
6.3. If the initial value is fixed in rubles, based on documents drawn up after the war, more than one year before the nationalization, or if the initial value is set before the war, but the war nationalised object (in 1946 and later), then stuff determine the changes in the composition and ingredients of the depreciation of fixed assets of the object from the initial assessment to nationalization, the corresponding depreciation percent deducted from each object in the asset units (or groups) of the original value and the amount of the estimated residual value of fixed assets for the whole object in General according to the its composition at the time of nationalization. The depreciation is calculated is to be made in accordance with the Council of Ministers of 18 March 1991, order No. 103 – r. 7. compensation of value of the current prices are translated as follows: 7.1 if the initial value specified in dollars or rubles prewar State after a period of 1941 (inclusive), the value of the refund rate to be used the following formula: V1 = V2 x Cz, where K1 K x K2 V1 — the value of the property compensation at current prices (in dollars) V2 — compensation of property value (in dollars or rubles pre-war) K-Latvian Bank one us dollar average rate in the past four weeks before the property compensation value Cz-gramme of pure gold, the average price of the US dollar London Stock Exchange the last four weeks before the property compensation value K1: one gram of pure gold, the average price of u.s. dollars on the world market in the year in which the property is calculated on the original value of K2: one us dollar average exchange rate of the local currency a year, pre-war which drafted the document used for the original property value calculation 7.1.1. If a compensation value is determined in the light of the object's original value, calculated on the basis of the 1939-1941 year drawn up documents, then K1 = K2 = 1.125 5.30; 7.1.2. in other cases, K1 and K2, based on the Riga Stock Exchange, statistical offices and other institutions of archive documents, calculate the body restores its property rights or create a Department; 7.2. If the initial value is determined by condition to roubles in 1944 or the subsequent years, the value of the refund periods to the 1990 (base year) prices, multiplying the value of the refund with a coefficient which is calculated as the ratio between 1990 and the original values of the object of the annual calculation of the capital investment price indices (annex), reflecting the construction the installation work, equipment and other capital price changes. 1990 price compensation value, expressed in current prices are translated according to the State Statistics Committee and approved by the newspaper "journal" published consumer price inflation index for each quarter during the period from 1990 up to the time of the granting of the refund.
8. Current prices the value of the refund certificates translated according to the Government-approved certificate of one nominal value at the time of the granting of the refund. 9. These rules 6 and 7 of the methods referred to in paragraph selection determines the value of the property that the supporting documents submitted by the legitimate owner of the institution, which is restoring the property rights.

For each object, you can use only one of these rules referred to in point 6 of the compensation calculation methods. III. The former owners of property values in the object for the comparison with privatizējam (stuff) the current value of 10. If, under the terms of compensation calculated the value at current prices is to be compared with the current value of the object, the former owner of the property's current value (notionally) privatizējam object to be calculated in accordance with the law "On the privatizējam State and local government property object evaluation order" (Latvian journal, 1994, 25 no). In all cases the object's current assessment must not be less than the period of the evaluation drawn up the balance sheet shows the value of the equity in accordance with the law on annual accounts "(the Republic of Latvia Supreme Council and Government Informant, 1992, no. 44; Latvian journal, 1995, no. 34). 11. If the legal owner to fully restore property rights to objects, which nationalized after the nationalization is part of a larger company (the company) or extended with distinct technological facilities, this item shall be assessed upon its separation from the company (the company) and separate (the company) in the company's balance sheet. IV. Transition issues 12. Be declared unenforceable in the Cabinet of Ministers of 29 November 1994, Regulation No 221 "for the former owner of property value determination of compensation and its comparison with the object of the current privatizējam property value" (Latvian journal, 1994, 141 no). Prime Minister m. cock economic Minister j. Caller attachment Cabinet of 11 July 1995 regulations No 197 Investment price indices (1984 notional price is 100%)

Year index in 1944 1945 1946 6650 6650 6650 in the year 1947 to 1948 6650 1949 690 690 690 1950 1951 1952 1953 635 670. the year 605 of 605 1954 1955 1956 605 620 in 1957 to 1958 620 620 of 620 1959 1960 1961 1962 620 77 77 year 1963 to 1964 77 77 77 1965 1966 1967 89 89 89 of 1968, 1969 in 89
89 of 1970 1971 1972 89 89 89 1973 1974 1975 89 89 89 in 1976 1977 1978 1979 89 89 89 year 100 in 1980 1981 1982 1983 100 100 100 year of 1984, 1985 in 100 100 1986 103 108 of 1987 1988 1989 127 116 1990 note 146. These indexes are calculated using the National Statistical Committee on investment and the economy of the USSR the Institute's data on capital inflation 1985-1990.
Minister of Economic Affairs j. caller