О приватизации в рамках «II Государственной программы приватизации государственного имущества в Азербайджанской Республике» предприятий и объектов, объявленных открытыми для приватизации в соответствии с «Государственной программой приватизации государственного имущества в Азербайджанской Республике в 1995—1998 годах», но приватизация которых не завершилась
Дата релиза: 22.03.2001
Decree of the President of the Republic of Azerbaijan
On Privatization within the Framework of «The Second State Program of Privatization of State Property in the Republic of Azerbaijan» of the Enterprises and Objects Announced Open for Privatization according to «The State Program of Privatization of State Property in the Republic of Azerbaijan in 1995—1998», but not Completely Privatized
In order to ensure privatization within the framework of «The Second State Program of Privatization of State Property in the Republic of Azerbaijan» of the enterprises and objects announced open according to «The State Program of Privatization of State Property in the Republic of Azerbaijan in 1995—1998»«, but not privatized completely, I hereby resolve:
1. To define that:
- If according to «The State Program of Privatization of State Property in the Republic of Azerbaijan in 1995—1998» the closed subscription to the preferable sales to the employees 15 percent of the shares of the joint stock companies established in the result of transformation of the state-owned enterprises had not been carried out before «The Second State Program of Privatization of State Property in the Republic of Azerbaijan» was adopted, the sales of this share package are implemented in accordance with Section 4.2 of «The Second State Program of Privatization of State Property in the Republic of Azerbaijan»;
- If 15 percent of the equity capital of the privatized small enterprises and objects which should have been paid by state privatization vouchers according to «The State Program of Privatization of State Property in the Republic of Azerbaijan in 1995—1998» had not been paid before «The Second State Program of Privatization of State Property in the Republic of Azerbaijan» was adopted, the handing-in of privatization vouchers is implemented in accordance with Section 4.2 of «The Second State Program of Privatization of State Property in the Republic of Azerbaijan».
2. The sales order of the shares not sold in the cash auctions and belong to the joint stock companies established in the result of transformation of the state-owned enterprises according to «The State Program of Privatization of State Property in the Republic of Azerbaijan in 1995—1998» is defined as follows:
- The shares not sold are presented to auctions in accordance with Section 4.4.2 of «The Second State Program of Privatization of State Property in the Republic of Azerbaijan», and the shares not sold on the fixed minimum starting price in these auctions are presented to specialized cash auctions.
3. The Ministry of State Property of the Republic of Azerbaijan provides the implementation of the measures related to the execution of this Decree.
4. This Decree enters into force from the date of its signing.
Heydar ALIYEV
President of the Republic of Azerbaijan
The City of Baku March 22, 2001
No. 449
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Non-official translation