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PARLIAMENT TO DISCUSS BILL ON PRIVATISATION ON TUESDAY

ZAGREB, Sept 29 (Hina) - The Croatian parliament will on Tuesday discuss the final bill on privatisation which defines the state-owned property portfolio and conditions for its privatisation.
ZAGREB, Sept 29 (Hina) - The Croatian parliament will on Tuesday discuss the final bill on privatisation which defines the state- owned property portfolio and conditions for its privatisation. #L# Under the bill, the portfolio consists of the shares which are currently managed by the Croatian Privatisation Fund (HFP), the State Agency for the Insurance of Savings Deposits and Bank Rehabilitation (DAB), and agencies for pension and health insurance, as well as state-owned companies. The law should ensure a speedier and simpler privatisation process, with more favourable criteria, considering the fact that all shares, except for those owned by the state, would be managed and sold by the HFP. Under the bill, buyers who pay for purchased shares in instalments would have the right to a share in profits as well as to the rights related to shares even before they have paid for them in full. It has been suggested that the bill be adopted under urgent procedure. The parliament should also discuss the final bill on the Croatian Property Fund and appoint the ombudsman for gender equality. (hina) rml sb

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