The European Integration Committee concluded that the Bill on Amendments to Clause 23 of the Law "On Joint-Stock Companies"(re Stock Issue) complies with the Laws of the European Union

04 March 2011, 15:00

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Опис : C:\Documents and Settings\Имя\Рабочий стол\2.jpgThe primary purpose of the bill (Reg.No.7509) is to fill the statutory capital of Naftogaz Ukrainy National JSC with internal governmental bonds to enable the state to balance the financial situation. It amends clause 23 of the Law "On Joint-Stock Companies" that allows paying up of stocks if they are placed by governmental bonds of Ukraine in the cases envisaged by the Law.

 

In the result of the discussion, the Committee concluded that the bill complied with the Law of the European Union, namely clause 10 of the Agreement on Functioning of the European Union, whereby the member states are allowed to delegate authorities to particular business entities to be service operators of economic interests, or to become the winner-monopolies.