Advanced Search

The Order In Which Deductions To The Privatisation Agency For Privatisation Of State Property, The State Capital And Other Regulations Laid Down In The Acts, Created And Consumed A Reserve Fund And Payments To The State Budget

Original Language Title: Kārtība, kādā veicami atskaitījumi Privatizācijas aģentūrai par valsts īpašuma privatizāciju, valsts kapitāla daļu atsavināšanu un citām normatīvajos aktos noteiktajām darbībām, izveidojams un izlietojams rezerves fonds un veicami maksājumi valsts budžetā

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Cabinet of Ministers Regulations No. 976 Riga 2011 20 December (pr. No 75 48) order in which deductions to the Agency for privatization of State property privatization, the State capital and other regulations laid down in the acts, created and consumed a reserve fund and payments to the State budget in accordance with the Issued law "on State and municipal property privatisation of object" article 6, third paragraph, article 11 of the first and the third part and the law "on State and local government owned capital shares and enterprises ' 125. the second paragraph of article , article 127 and 129 of the fourth subparagraph of article ninth part i. General questions 1. determines: 1.1. procedures to the State deduction liability company "Privatization Agency" (hereinafter called the Agency) from State-owned buildings (structures) (except for the residential home and apartment property), built-up and undeveloped piece of land, the Corporation, part of the capital or other things that are in State property, privatization, public-capital transfer and state capital management results of cash and other revenue as well as the amount of the deduction;
1.2. the procedure and conditions in which the Agency's reserve fund spending.
2. All proceeds from privatization of State property, the State capital, and privatizējam of disposal of privatized State corporation tax payment of the principal sum of the capitalization as well as revenue from agencies owned and in State-owned property rentals and assent of lease purchase of should include the accounts of the Agency.
II. State property privatization funds in the State budget in balance 3. national budget the amount determined from the total privatisation revenues minus the features in the following order: 3.1 deductions to cover the expenses of privatisation;
3.2 deductions the Agency's reserve fund.
4. The process of privatization funds obtained once a month until the 15th date of the following month after the rule referred to in paragraph 3 deduction and feature booking agency in full, including the State budget.
III. other State payments to be made in the budget of the Agency 5 accounts funds funds from tax payments, the principal sum of the capitalization, the Agency owned by the national property rental and disposal of State capital after deduction for the Agency of the transfer to the State budget until the next quarter's first month on the 20th.
6. If capitalised incorporated companies (Corporation) tax payment of the principal sum, the money in the account including the relevant proportion of the budget in a particular tax payment the principal sum of the ratio of incorporated companies (corporations) of the share capital.
7. If an agency of the State revenue service has received a task off the specified account features, bezmantiniek, disposal of parts of the capital to settle the testator's debts, the funds raised from the sale of State shares (also not fully paid and pledged the State capital), after deduction of the Agency for the State revenue service included in the specified account.
8. The proceeds of the liquidation of a corporation shall be used in accordance with the law "on State and local government owned capital shares and enterprises", commercial law and bankruptcy law.
9. Funds obtained, transferred to the national capital (excluding remuneration for public sale of shares), including the State budget this provision in paragraph 5 in that order.
IV. Agency for the financing of the necessary means of agencies financed from the 10 funds earned from the privatization of State property, the State capital, the Agency in possession of disposal of existing State-owned and leased property and nodded Yes rent with redemption, as well as from other revenues.
11. Expenses related to the legislation for the privatisation Agency and chain certificate obligations, shall be financed in accordance with the Cabinet of Ministers of 11 February 2003, the provisions of no. 71 "Privatization certificates and certificate account opening of privatisation".
12. If the Agency is asked to perform such other functions, in the Act of financing source function and order.
13. the Agency for the financing of the necessary funds (hereinafter called the Agency for deductions) is calculated in the month concerned, according to the Agency for deduction deduction regulations. These deductions are recorded as advances received. The right to settle with the State budget and the Agency's Reserve Fund on the Agency's accounts included in the proceeds of privatization, downsizing of the Agency for tax deductions.
14. the Agency for tax deductions for the payment of the principal sum of the capitalization is based on the decision of the Minister of Finance on the principal sum of tax payments.
15. If the privatisation of State property, the State capital, evaluation of seizures or other activities, tendering Agency proposed the deductions made in accordance with the agreements.
16. The Agency proposed deductions for privatisation of State property or shares of State forfeiture shall be made on the basis of law or by an order of the Cabinet of Ministers on the privatization or disposal of the property.
17. The amount of the Agency for the bezmantiniek part of the capital and other parts of the State capital of disposal shall be determined in accordance with the provisions of paragraph 22 and 23.
V. Agency for deductions, regulations 18. Privatization, liquidation and disposal of shares carrying cases and legal services, national property (except real estate property and land) of the terms of the privatization, competition rules, contracts, and other documents related to those conditions, based on the State property transfer and acceptance Act, such a deduction (if the national laws of the capital the private corporation is less than 25 percent , those regulations shall be multiplied by a coefficient of 0.75): 18.1. less than 100 employees-3040 lats for the object;
18.2. from 100 to 499 employees-7760 lats for the object;
18.3. to 999 employees-from 500 lats on 15056 object;
18.4.1000 employees and more – for lats object. 25248 
19. Privatizējam or movable property of the State (except for real estate property and land) for the financing of the evaluation, the following deductions: 19.1. regulations for property of physical substance (active) method – 1.3 percent of the country's fixed asset balances of the Corporation's balance sheet value specified in the first evaluation;
19.2. for other evaluation methods: 19.2.1. up to 999 employees-1008 late on the object;
19.2.2.1000 employees and more-2520 dollars for the object;
19.3. If the assessment performed by the property's physical substance (active) method and other methods of valuation, although these rules apply, and 19.1 19.2 the deductions laid down in regulations.
20. The property (also land) for sale a particular deduction is 7 percent of the sales price, but not less than 1000 lats. If you adjust the sales price shall be adjusted accordingly the amount calculated using the relevant deduction regulations.
21. Privatization and transfer control of the Treaty from the date of signing of the contract until the privatization or transfer regulations or contractual burden on the end of the maintenance period, as well as State property privatization rules, contest rules, contracts, and other documents related to those conditions and tax charges as a result of the capitalization of the capital part of the sales contract for the control of execution of the specified deductions are $76 per month contract.
22. Privatizējam, or in State-owned assets, its liabilities and assets for sale and disposal of State capital deduction is prescribed for five percent of the sales price. If a country shares a private corporation is less than 25 percent, said regulations on expropriation shall be multiplied by a coefficient of 0.75. If you adjust the sales price shall be adjusted accordingly the amount calculated using the relevant deduction regulations.
23. the principal sum of tax payments, the deduction is determined for the capitalization of five percent of the principal sum, the tax late payment and fines. If the State of the capital after the private corporation debt capitalization is less than 25 percent of those regulations shall be multiplied by a coefficient of 0.75.24. Expenditure related to land property rights and enhancement of land design, fixed it in actual size.
25. the Agency's possession of existing State-owned and lease of property of the assent of the allowance is fixed for 50 percent of the rental fee, but not more than $76 a month contract.
26. The Agency provided for deductions, regulations do not apply to contracts concluded with the Agency's subcontractors.
Vi. the use of the Reserve Fund of the Agency's 27.  Reserve fund the agency used:

27.1. the abolition of the contract of sale, the pre-emptive rights and reverse repurchase expenses (according to actual expenditure referred to some);
27.2. The Latvian National Archive Fund of the supervisory authorities, to cover the cost of organizing the national archives document of the Corporation which transferred to the privatisation under the law "on State and municipal property privatisation of object", and State corporations, which passed to the liquidation in accordance with the Cabinet's orders (according to actual expenditure referred to some);
27.3. the Agency in possession of public property privatizējam taken over guarding and management expenses (according to actual expenditure referred to some), if it is not possible to cover them from State property privatisation or subject of the lessee;
27.4. the privatizējam State property insurance to cover, if it is not possible to cover the subject of privatization funds (according to actual expenditure referred to some);
17.1. in these regulations, the agency listed for deductions for each public property to the extent that it is not appropriate to settle of property sales. Following the sale of State property or means of obtaining additional revenue received in advance from the reserve fund, transferred back to the Reserve Fund of the Agency;
17.1. tax deductions for stock auctions public offer for privatisation certificates;
17.2. the proceedings to cover the Agency's functions (according to actual expenditure referred to some);
17.3. to cover the expenditure of the Agency, if the Agency's expenditure of resources is that it is not possible to cover them from the Agency referred to in these provisions for tax deductions. By country, sales of property funds received in advance from the reserve fund, transferred back to the Reserve Fund of the Agency;
17.3. the local, credit institutions and agencies as well as other institutions to cover the cost of privatization certificates and, where this provision is referred to in paragraph 11, the revenue is less than the Cabinet of 11 February 2003, regulations No. 71 "Privatization certificates and certificate account opening of privatisation" expenditure;
27.10. privatization certificate regulations established for deletion;
27.11. Under Cabinet of Ministers on 16 October 2007, regulations no 711 "rules for privatization certificate market intermediation company licences, suspension or cancellation, stamp duty rate on its receipt, as well as the brokerage firm and the supervision order" created through privatisation certificates market society Licensing Commission;
27.12. the activities referred to in this paragraph, if the national budget for the current year in the law, it does not have the funds: 27.12.1. to cover the expenditure of the Agency necessary for the law "on State and local residential privatization" of certain functions to the Agency, the privatization of its completion, the agency that owned the Uptown, Uptown management for the transfer of rights of owner of public housing or to housing owner agreement between the authorized person;
27.12.2. the Agency's current state is in possession of privatised housing assets, which are rented or hired, management, fees for services rendered and functionally necessary land lease fees (if the residential house located on another owner owned land);
27.12.3. the Agency in possession of the existing housing estates, which are rented or hired, management, fees for services rendered, functionally necessary land rents and real estate tax payments, if it is not possible to cover them from the public housing estate tenants of the privatisation of the entity's or lessee's expense after the entry into force of the Court judgment on rent or lease termination and eviction of the lessee or tenant of the rental or leasing of premises;
27.12.4. the Agency to cover the costs incurred by local authorities in the Agency's possession not privatised State Uptown, that part of the property and housing, as well as the disposal of such property to the security organisation of procedure;
27.12.5. residential house privatization information system;
27.12.6. the Agency's expenses incurred in identifying a residential home or their real or supposed, as well as the electricity grid, which agrees with the State as the orphan and the bezmantiniek;
27.12.7. jurisdiction of the State bezmantiniek, orphan assets management, fees for services rendered, functionally necessary land rents and real estate tax payment (where the House is located on a different owner owned land), as well as the possession of the Agency not privatised in the Uptown, and the part of the housing estate for the organisation of procedure of disposal of collateral;
27.12.8. to cover the Agency's possession in the Uptown and the inadequacy of arbitrary construction effects of prevention and public residential houses (slum) demolition;
27.12.9. the Agency's expenses incurred in execution of judgments related to state-owned and in the possession of the Agency for existing residential homes and apartments, parts of the property;
27.13. the agencies to cover the expenses of liquidation (if the amount of expenses is such that it is not possible to cover them from the funds of the Agency);
27.14. other legislation or regulations to cover the expenditure related to the implementation of the tasks given to the Agency.
Prime Minister v. dombrovsky Minister d. Pavļut Economy in the