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GOVT FORWARDS SEVERAL BILLS INTO PARLIAMENTARY PROCEDURE

ZAGREB, Nov 26 (Hina) - The Croatian government on Thursday +forwarded into urgent parliamentary procedure a bill on changes and +amendments to the Income Tax Law and a bill on changes to Value Added +Tax Law.+ A new bill on banks, forwarded into third reading, among else +enables the Croatian Central Bank to exert speedy and preventive +action when certain banks get in trouble.+ Most remarks from the parliamentary discussion on the said bill +were adopted. Rejected from the bill's text were provisions +stipulating personal liability of members of management and +supervisory boards for a bank's business, and the bank's obligation +to enter the Zagreb stock market in set deadlines.+ Changes to the Croatian Railways (HZ) Law were forwarded into +second parliamentary reading. In efforts to bring HZ up to date, the +government granted state guarantees for running a DEM 60 milli
ZAGREB, Nov 26 (Hina) - The Croatian government on Thursday forwarded into urgent parliamentary procedure a bill on changes and amendments to the Income Tax Law and a bill on changes to Value Added Tax Law. A new bill on banks, forwarded into third reading, among else enables the Croatian Central Bank to exert speedy and preventive action when certain banks get in trouble. Most remarks from the parliamentary discussion on the said bill were adopted. Rejected from the bill's text were provisions stipulating personal liability of members of management and supervisory boards for a bank's business, and the bank's obligation to enter the Zagreb stock market in set deadlines. Changes to the Croatian Railways (HZ) Law were forwarded into second parliamentary reading. In efforts to bring HZ up to date, the government granted state guarantees for running a DEM 60 million foreign debt. Premier Zlatko Matesa recalled that the government was supporting HZ's restructuring and state-of-the-art improvement through budgetary transfers. The government would persist in implementing the said programmes, as it was the only way of increasing HZ's business and effectiveness. Matesa said the responsibility for the improvement must be borne by all, the government, as well as the HZ management and employees. "Every strike takes us further from restructuring, modernisation, increased business, tasks in which the government will persist," he concluded. (hina) ha

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