Government changed two regulations on shares and funds
- Government changed two regulations on shares and funds
- Post By daniloc
- 12:58, 22 septembar, 2001

At today’s session, the Government passed the alterations and amendments of the regulation on sale of shares of companies through public auctions, and regulation on privatisation funds and specialized management companies.
Director of the Agency for restructuring, Branko Vujovic said that the first regulation solved the problem of reduction of prices of shares of companies that are sold through public auction.
He said that workers, shareholders and public could get basic information on companies whose shares are sold through auctions.
The other regulation defines the need, in this phase, to register in the Central Depositary Agency all citizens who transferred their vouchers on privatisation funds. It also defines the obligation of privatisation funds to transform themselves in investment funds after completing of the mass voucher privatisation.
The Government confirmed that October 18 was the last day for ending of the second phase of MVP, until which the citizens can transfer their vouchers on members of their families or privatisation funds.
“The deadline has already been prolonged once for 30 days in order to enable the funds to collect as many vouchers as they could for their privatisation funds,“ explained Vujovic.