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Government passes decree on amendments to Law on Privatisation Audit

ZAGREB, Sept 1 (Hina) - The Croatian Government on Wednesday adopted adecree on amendments to the Law on the Ownership Transformation andPrivatisation Audit extending the deadline for the application of thelaw until September 30, the Government said in a statement.
ZAGREB, Sept 1 (Hina) - The Croatian Government on Wednesday adopted a decree on amendments to the Law on the Ownership Transformation and Privatisation Audit extending the deadline for the application of the law until September 30, the Government said in a statement.

The Government also entrusted the Ministry of the Economy, Labour and Entrepreneurship to prepare a bill that would change the law under urgent procedure so that the deadline for ownership transformation and privatisation audits is extended for a longer period of time.

The initial deadline for ownership transformation and privatisation audits was September 1.

Since the government has suggested that the parliament open a debate on the implementation of the parliamentary conclusions of 29 May 2002, adopted in light of a report of the State Audit Office on the performed privatisation audits, it has proven necessary to extend the deadline for the application of the Law on the Ownership Transformation and Privatisation Audit since the parliamentary debate might give rise to repeating some audits.

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