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

Pays/Territoire
Lituanie
Type du document
Législation
Date
1995
Source
FAO, FAOLEX
Sujet
Terre et sols
Mot clé
Transfert Régime foncier Réforme agraire Commission foncière Location
Aire géographique
Europe, Europe et Asie Centrale, Pays de l'Union Européenne, Europe du Nord
Entry into force notes
This Law commenced on 15 September 1995.
Résumé

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).

Texte intégral
Anglais