THE PRIVATIZATION AGENCY SUPERVISORY BOARD WILL CONTROL THE ACTIVITIES...

Politics | February 1, 2002, Friday // 00:00

The Privatization Agency Supervisory Board will control the activities of the PA, the Privatisation Act envisages. Under the Act the Board will also approve the deals, which are beyond the authority of the Executive Council or require parliamentary approval. The Agency for Post-Privatisation Control will be in charge of post-privatisation control of companies with more than a 50% state-owned stake. It will be an administrative structure with the Cabinet.

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