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Law on privitization of state-owned and municipal property (No. I-1001).

País/Territorio
Lituania
Tipo de documento
Legislación
Fecha
1995
Fuente
FAO, FAOLEX
Materia
Tierra y suelos
Palabra clave
Transferencia Tenencia de tierras Reforma agraria Comisión de tierras Arrendamiento
Área geográphica
Europa, Europa y Central Asia, Países de la Unión Europea, Europa Septentrional
Entry into force notes
This Law commenced on 15 September 1995.
Resumen

The objective of this Law is to establish privitization of state-owned and municipal property. The Privatization Commission is established for the purpose of this Act and shall approve privatization programmes as well as control their implementation. Article 5 refers to the powers of the Privatization Agency that shall prepare privatization programmes as well as determine the method, terms and conditions of privatization. Privatization methods include public subscription for shares, public auction, open tenders, direct sale and leases with options to buy (art. 16). In the event of conflicting provisions with international agreements the provisions of international agreements shall apply (art. 24).

Texto completo
Inglés