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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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LEGE No 129 of 27 December 1995 on the amendment Law no. 55/1995 to speed up the privatisation process
ISSUER PARLIAMENT
Published in OFFICIAL GAZETTE NO. 298 of 28 December 1995



The Romanian Parliament adopts this law + Article UNIC Paragraphs 5 and 6 of Article 4 of the Law no. 55/1995 to accelerate the privatization process, published in the Official Gazette of Romania, Part I, no. 122 of 19 June 1995, shall be amended and shall read as follows: " (5) Carnets with property certificates and/or nominal privatization coupons may be used by citizens entitled to acquire shares in companies from the date of conclusion of the coupon distribution period. nominative privatization, established by the methodological norms, until March 31, 1996 inclusive. (6) The entitled citizens can submit their books with property certificates, including incomplete ones, to the value of 5,000 lei for a certificate and/or the nominative coupons of privatization to the Private Property Funds until April 30, 1996 including, becoming shareholders to these funds under the conditions of art. 3 3 of Law 58/1991. With effect from May 1, 1996, the property certificates and the nominative coupons of privatization not used under the conditions of par. ((5) or of this paragraph shall lose its validity. '; This law was adopted at the joint sitting of the Chamber of Deputies and the Senate of December 21, 1995, in compliance with the provisions of 74 74 para. ((1) and of art. 76 76 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT ION RATIU SENATE PRESIDENT prof. univ. dr. OLIVIU GHERMAN --------------