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Law No. 194 Of 20 April 2001

Original Language Title:  LEGE nr. 194 din 20 aprilie 2001

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LEGE no. 194 194 of 20 April 2001 for approval Government Emergency Ordinance no. 81/1999 on certain measures to support the restructuring program by guaranteeing a credit in favour of the Commercial Company "Tractor" UTB-S.A. Brasov
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 206 206 of 24 April 2001



The Romanian Parliament adopts this law + Article UNIC Approval Government Emergency Ordinance no. 81 81 of 4 June 1999 on certain measures to support the restructuring program by guaranteeing a credit in favour of the Commercial Company "Tractor" UTB-S.A. Brasov, published in the Official Gazette of Romania, Part I, no. 258 of 4 June 1999, with the following amendments: 1. Article 3 shall read as follows: "" Art. 3. -The credit will be contracted for a period of 5 years, with a grace period of one year, and will be reimbursed according to the contract that will be concluded between the Commercial Company "Tractor" UTB-S.A. Brasov and the financing commercial bank. The credit is intended exclusively for the relaunch of production at the Commercial Company "Tractor" UTB-S.A. Brasov, based on a restructuring program approved by the Authority for Privatization and Administration of State Participations. " 2. Throughout the emergency ordinance the phrase State Property Fund will be replaced by the phrase Authority for Privatization and Administration of State Participations. This law was adopted by the Chamber of Deputies at its meeting on March 26, 2001, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT, VIOREL HREBENCIUC This law was adopted by the Senate at its meeting on March 26, 2001, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. SENATE PRESIDENT NICOLAE VACAROIU ------------