Decree No. 2013-124 January 16, 2013

Original Language Title: Décret n° 2013-124 du 16 janvier 2013

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

Decree No. 2013-124 January 16, 2013 Decree No. 2013-124 January 16, 2013, authorizing the transfer, on an exceptional basis, of shares of the Development Bank of SMEs become BNDE, held by the State President of the Republic, pursuant to the Constitution, particularly articles 43 and 76;

Viewed Act No. 90-07 of 26 June 1990 on the Organization and control business of bps and control of legal persons governed by private law benefiting from financial assistance from the public authority;

Having regard to Decree No. 2010 - 18 of December 15, 2010 allowing a taking of majority stake of the State of Senegal in the capital of the Bank of development of SMEs and a transfer of the assets and liabilities of the Economic Promotion Fund to the Bank;

Pursuant to law No. 2012-24 of December 27, 2012, supplementing Act No. 2004-08 of 6 January 2004 amending Annex to law No. 87-23 August 18, 1987 on the privatization of public enterprises;

Having regard to Decree n ° 2012-1223 of 5 November 2012 on the distribution of the services of the State and control of public institutions, national companies and companies with public participation between the Presidency of the Republic, the Prime Minister's Office, and the ministries;

Decrees: Article 1. -In application of the provisions of article 6 of Act No. 87 - 23 of 18 August 1987 on the privatization of enterprises, it is allowed as exceptional and derogatory, the transfer of 37.5% of the shares held by the State in the capital of the Bank of development of SMEs, become to national private bank national economic development which the list will be arrested after evaluation of bids by UNSCOM of monitoring the development of the State.

S. 2. - the Minister of economy and finance is responsible for the implementation of this Decree which shall be published in the Official Journal.
Made in Dakar, January 16, 2013, by the President of the Republic: Macky SALL Prime Minister Abdoul MBAYE.