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RUS-1994-M-43994
Breadcrumb
Title_of_text
Fundamental provisions of the State program for privatization of State and municipal enterprises after July 1, 1994, of 22 July 1994.
Main Region
First Region
Country(ies)
Russian Federation
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
1994-07-22
Scope of text
National
Type of legislation (Type of text)
Miscellaneous (circular, directive, legal notice, instruction, etc.)
Second Region
Abstract/Citation
Defines the main objectives and formulates the policies for privatization during the second stage of the privatization process. Principal feature of the second round is the termination of the voucher method of privatization, under which ownership of enterprises could be acquired in exchange for special certificates issued by the State to all citizens free of charge. Lists the facilities and enterprises which are not subject to privatization. Introduces mechanisms to promote the productivity and competitiveness of newly created companies. Provides for reinvesting privatization income into the companies, and contains important provisions relating to the use of foreign investments in the process of privatization. Available in English.
Monograph region
Monograph title
Russia and the Republics Legal Materials
Publisher
Transnational Juris Publications
Place of publication
Irvington-on-Hudson
Country
United States of America
Date
1995-05
Edition
No. 23
Volume
Binder 2. Russian Federation
Page range
pp. 1-33