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Law On The Reorganization Of Statkraft Sf

Original Language Title: Lov om omorganisering av Statkraft SF

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Law on reorganization of the Statesforce SF.

Date LO-2004--08-27-70
Ministry of The proximity and the fisheries Department
Last modified
Published In 2004 booklet 12
Istrontrecation 10.09.2004
Changing
Announcement 30.08.2004
Card title Law on reorganization of Statesforce SF
SECTION 1. Formal

The objective of the law is to regulate certain conditions arising from the transfer of Statesforce SFs business to an underlying stock company with subsidiaries.

SECTION 2. Transfer of belongings, obligations mv.

Transfer of commitments from Government SF to corporations as mentioned in Section 1 in connection with the transfer of StatesForce's business is happening with liberating effect for Statesforce SF. The transferred obligations also cannot be made current against the state. Formergers and other rights hagants cannot oppose the transfer and cannot make the current that the transfer constitutes a waste-due process for the legal affair.

First clause does not apply to loans that fall into the state's liability after paragraph III number 2 in law 20. December 2002 # 88 on changes in law 30 August 1991 No. 1 71 about state enterprises mv.

SECTION 3. Istrontrecation

The law applies from the time the King decides. 1

1 From 10 sep 2004 ifg. res. 27 aug 2004 # 1220.