BH FEDERATION'S HOUSE OF PEOPLES ADOPTS PRIVATIZATION ACT

SARAJEVO, Oct 21 (Hina) - Representatives at the Bosnian Federation Parliament's House of Peoples on Tuesday held a session at which with a majority of vote they adopted acts on the privatization of companies and flats with tenancy rights. All adult residents who were citizens of Bosnia-Herzegovina on 31 March 1991, and will have residence on the territory of the Bosnian Federation once the acts come into effect, will in line with the adopted provisions receive special certificates by which they will be legally able to participate in the purchase of company shares or flats. The acts endorsed today by the House of Peoples were adopted by the federal Parliament's House of Representatives in June. The privatization may begin once the drafts of the acts passed today are identified. Discussions on a package of privatization laws held at government and parliament sessions lasted more than one year. (hina) ha mm 212221 MET oct 97