Law On The Transformation Of The State's Rail Traffic Company (Nsb Ba) And The State's Record Company (The Record Norway Asked) To The Stock Companies

Original Language Title: Lov om omdanning av statens jernbanetrafikkselskap (NSB BA) og statens postselskap (Posten Norge BA) til aksjeselskaper

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Read the untranslated law here: https://lovdata.no/dokument/NL/lov/2002-06-21-43

Law on the transformation of the State's rail traffic company (NSB BA) and the State's record company (the record Norway ASKED) to corporations.

Date law-2002-06-21-43 Ministry Ministry of transportation Recently changed law-2016-1-22-1 from 01.03.2016 published in 2002 booklet 6 entry into force 21.06.2002, 01.07.2002 Change Announced short title law on the NSB AS and Norway Record AS section 1. Purpose the purpose of the law is to regulate the relationship of law 22. November 1996 No. 66 about the State's rail traffic company, law 22. November 1996 No. 65 about the State's record company and certain transition questions in connection with the transformation of the State's rail traffic company (NSB BA) and the State's record company (the record Norway ASKED) to corporations.

§ 2. The transmutation of the State's rail traffic company NSB BA can dissolve at that company's assets, rights and obligations as a whole is transferred to NSB AS as part of the Government's deposit of the company against the State acquire the shares of the new stock the company. The law on the State's rail traffic company, section 65 does not apply at the resolution of the NSB BA.
All assets and rights belonging to the management company NSBs traffic part before this was converted into the NSB BA covered by the transfer in the first paragraph. This applies regardless of whether the overskjøting and the like are carried out at the time the NSB BA transformed to stock company.
NSB AS takes over all obligations in the same way that has its basis in the NSBs traffic part before this was converted into the NSB BA.
The King determines in the case of doubt about a property, right or obligation was linked to management your business traffic part NSBs by transformation to the NSB BA.

§ 3. The transmutation of the State's record company Record Norway ASKED can dissolve in that company's assets, rights and obligations as a whole is transferred to the Record AS Norway as part of the Government's deposit of the company, against the State acquire the shares of the new stock the company. The law on the State's postselskap1 section 65 does not apply at the resolution of the record Norway ASKED.

§ 4. Omregistreringer re-registration in the basic book and other records in connection with conversions by name change. The first sentence also applies when NSB AS in connection with the transformation copies the title to the real estate with on to the wholly-owned subsidiary.

§ 5. Transfer of public rights, etc. Public rights, permissions, etc. that apply to the NSB BA and the record will be ASKED by Norway transformation transferred to NSB AS, respectively, and the record AS Norway.

section 6. The transfer of assets, liabilities, etc. The transfer of obligations according to § 2 and § 3 happens to liberating effect for NSB BA and Record Norway ASKED. The transferred obligations cannot be applied against the State. Claimants and other copyright holders cannot oppose the transfer after the first paragraph, or make the current that transfers make up a withdrawal because of the legal relationship.
NSB AS and Record AS Norway to continue the NSB BA and Norway-based Record tax values and tax positions related to the transferred assets, rights and obligations. Conversions should not trigger taxation for the acquired companies by law 26. March 1999 Nr. 14 about the treasure of fortune and income.

section 7. (Repealed by law 22 jan 2016 No. 1 (ikr. March 1, 2016 CISPR. 22 jan 2016 No. 44).)

section 8. Entry into force the law to take effect immediately, with the exception of section 9 applies from the time the King decides. 1 section 9. Changes in other laws from the time that emerges from section 8 made the following changes in other laws:-