Law No. 129 Of 27 December 1995 Amending Law No. 55/1995 To Accelerate The Privatization Process

Original Language Title:  LEGE nr. 129 din 27 decembrie 1995 privind modificarea Legii nr. 55/1995 pentru accelerarea procesului de privatizare

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LAW No. 129 of 27 December 1995 amending Law No. 55/1995 to accelerate the privatization process published in PARLIAMENT ISSUING the OFFICIAL GAZETTE NR. 298 of 28 December 1995 Parliament adopts this law.

The sole article in paragraphs (5) and (6) of article 4 of law No. 55/1995 to accelerate the privatization process, published in the Official Gazette of Romania, part I, no. 122 of 19 June 1995, alter and will read as follows: "(5) Notebooks with certified property and/or registered privatization coupons may be used by citizens entitled to dobindirea of shares in companies at the end of the period of privatization coupons registered, as determined by detailed rules until 31 March 1996.

6. Citizens may submit a justified notebooks with certificates of ownership, including those that are incomplete, the value of 5,000 lei for a certified and/or registered privatization coupons to Private property no later than 30 April 1996, becoming shareholders in these funds pursuant to article. 3 of Law 58/91. With effect from 1 May 1996, the certificates of registered ownership and privatization coupons still to be used under the terms of paragraph 1. (5) this paragraph or lose their validity. "

This law was passed in the Chamber of Deputies sitting on the commune and Senate of 21 December 1995, in compliance with the provisions of art. 74 para. (1) and of article 23. 76 para. (2) of the Constitution of Romania.