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Opposition against changes to law on court register

ZAGREB, March 30 (Hina) - Opposition parties in the Croatian parliamenton Wednesday criticised a bill on the court register, warning thatthe proposed annulment of the obligation to submit a documentconfirming regular tax payment for the registration of companies inthe court register could again give rise to criminal activities whichoccurred during the privatisation process.
ZAGREB, March 30 (Hina) - Opposition parties in the Croatian parliament on Wednesday criticised a bill on the court register, warning that the proposed annulment of the obligation to submit a document confirming regular tax payment for the registration of companies in the court register could again give rise to criminal activities which occurred during the privatisation process.

The opposition claimed that putting out of force the said obligation would result in complete lack of mechanisms which control whether company owners meet their financial obligations towards the state and their creditors, which is why they called for declaring the bill to be in the first reading. The government proposed the adoption of the bill under urgent procedure.

Under the bill, a competent commercial court would have to issue a certificate confirming that the company is registered in 15 days' time.

Cooperatives and associations of cooperatives would also have to be entered in the court register and the registration would have to be published only in the National Gazette.

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