Skip to main content

page search

Library Law on the privatization of State-owned Enterprise in the Republic of Georgia.

Law on the privatization of State-owned Enterprise in the Republic of Georgia.

Law on the privatization of State-owned Enterprise in the Republic of Georgia.

Resource information

Resource Language
ISBN / Resource ID
LEX-FAOC021543
Pages
1
License of the resource

Privatization of State-owned enterprises is allowed in all sectors of the economy (art. 3). The privatisation shall be managed by a lead agency named the State property management Committee (art. 4). It shall prepare a privatization programme. Enterprises shall be sold by the State Property Fund, a State company acting on a commercial base (art. 6). Articles 8 to 19 set out criteria for privatization and provide for procedures of privatization of enterprises, whereas article 20 and following provide for the registration of the privatization contract, rights and obligations of seller and buyer and the cessation of privatization contracts.

Repealed by: Law on State-owned Property Privatisation. (1997-05-30)

Share on RLBI navigator
NO

Authors and Publishers

Author(s), editor(s), contributor(s)

 

Data Provider
Geographical focus