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- Art 30.
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- (1)
- (Amended, Official Gazette issue No 51 of 1994) Any state-owned or municipal-owned enterprise or any separate part thereof which has not been transformed in advance into a commercial company, shall be sold by negotiated placement with potential buyers, public auction or tender, except in the instances pursuant to Art 35.
- (2)
- The Council of Ministers shall establish the terms and procedure for the conduct of the auctions and the tenders.
- (3)
- (Added, Official Gazette issue No 51 of 1994) In privatization of any untransformed state-owned or municipal-owned enterprise or any separate part thereof, or of any state-owned or municipal-owned unit of construction in progress, the competent authority pursuant to Art 3 may transfer ownership thereof to the buyers, including any title to land and to any other appertaining immovable property. The contract for the transfer of ownership must state the type of real rights to immovable property as transferred.
- Art 31.
-
- (1)
- (Amended, Official Gazette issue No 89 of 1997 and issue No 39 of 1998) Where the buyer determined pursuant to Art 30 is a juristic person wherein the partners, shareholders or co-operative members are employees only, or managers and controllers without a labour contract, or members of the boards of directors, or of managing or supervisory boards, or persons as stipulated by Art 5, Para 2 herein, of the company which is being privatized, as well as persons whose inventions have been introduced by and used by the respective company, the price shall be paid pursuant to the conditions in Art 25, Para 3.
- (2)
- (Amended, Official Gazette issue No 89 of 1997 and issue No 39 of 1998) The deferred payment pursuant to Para 1 shall be applicable in case at least 30 per cent of the workers and employees of the company subject to privatization participate in the juristic person pursuant to Para 1.
- (3)
- (Amended, Official Gazette issue No 39 of 1998) Detached parts of state enterprises may be purchased pursuant to the provisions of Para 1 only in case at least 30 per cent of the workers and employees of the company subject to privatization participate in the juristic person pursuant to Para 1.
- (4)
- (Amended, Official Gazette issue No 51 of 1994, issue No 89 of 1997 and issue No 39 of 1998) The persons pursuant to Para 1 may acquire pursuant to the conditions set out in Paras 1 to 3 only one detached part.
- (5)
- (Added, Official Gazette issue No 51 of 1994 and issue No 39 of 1998) Paras 1 to 4 shall not be applicable in the management of long-term material assets of state and municipal enterprises. Art 32. (Amended, Official Gazette issue No 89 of 1997, repealed, issue No 12 of 1999) Art 33. (Amended, Official Gazette issue No 51 of 1994 and issue No 12 of 1999) Facilities under construction and separated parts of state and municipal enterprises shall be sold pursuant to the provisions established in this Chapter.
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