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State Gazette Highlights

October 30, 2018

State Gazette Highlights

In issue 90/30.10/2018, the following have been promulgated:

  • Law on amendment of the State Property Act

The amendments concern the provisions on the obtaining and letting of property and items which are private state property. After the law is enforced, contribution in kind for property and items which are private state property shall be possible to the capital of business entities in which the state is not a sole owner of the capital.

The provision of Art. 43, Para 3 of SPA has been repealed – it did not allow contribution in kind for property and items of business entities included in Appendix 1 to Art. 3, Para 1 “List of business entities with over 50% state shareholding or parts thereof” and the Privatisation and Post-Privatisation Control Act.

 

The law envisages amendments to the Privatisation and Post-Privatisation Control Act. The amendments concern the provisions for contribution in kind for property and items of business entities with over 50% state shareholding.

 

In effect as of 3 November 2018

Go to full issue 90/30.10.2018:

http://dv.parliament.bg/DVWeb/broeveList.faces

 

From the EU Official Journal:

To issue L 271 dated 30 October 2018 of the EU Official Journal:

 

  • Commission Delegated Regulation (EU) 2018/1618 of 12 July 2018 amending Delegated Regulation (EU) No 231/2013 as regards safe-keeping duties of depositaries (Text with EEA relevance)

 

  • Commission Delegated Regulation (EU) 2018/1619 of 12 July 2018 amending Delegated Regulation (EU) No 2016/438 as regards safe-keeping duties of depositaries (Text with EEA relevance)

 

  • Commission Delegated Regulation (EU) 2018/1620 of 13 July 2018 amending Delegated Regulation (EU) 2015/61 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for credit institutions (Text with EEA relevance).

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