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2008th On 19th December 16:03 Follow @ tvnet_portals small business loan
As said presidential press secretary Ilze Rassa, enacted small business loan law has not come to the table and Zatlers Registry asked to send the Saeima. Also, Rassa said that the President small business loan has ten days to get acquainted with the text of the Act and decide on the promulgation of the law.
As reported yesterday, the Saeima adopted the second reading of the final bank takeover law to determine under what conditions and in what order the state can take over the bank. For the law voted 49 to - 22, and 12 deputies abstained.
The law provides that the bank's takeover small business loan of permitted on a contractual basis (voluntary takeover) or for fair compensation to a special law (compulsory acquisition). Bank take-over in the disposal of the shares small business loan issued by the bank, the bank's assets, rights or liabilities. Negotiations with the bank and its shareholders dealt with the Minister of Finance.
If within five working days after the start of negotiations with the bank or its shareholders an agreement on the voluntary takeover bank, the Minister of Finance shall prepare a draft decision for the government takeover of the bank. Draft decision on the bank's voluntary takeover be accompanied by a bank or its shareholders harmonization of the draft contract. The decision on the takeover of the bank taken by the Cabinet on a proposal by the Minister small business loan of Finance.
If no agreement is reached on the voluntary takeover, the Minister small business loan of Finance is preparing a draft decision on the government forced banks need acquisitions, which added to the bill for the forced takeover of the bank. Then the government bill on the takeover of the bank shall be submitted to the Parliament.
If the acquired bank received small business loan state aid or Latvian Bank has granted funding for a proposal before the takeover of the bank or at the rate of remuneration the amount excluded from the calculation of State aid granted by the bank and the Latvian Bank financing.
The provisions of the Act do not apply to banks and the decision-making recognized on acquisitions to be liquidated or bankrupt, or against whom the Financial and Capital Market Commission submitted to court for bankruptcy or liquidation.
Over the bank permitted in exceptional cases, when the Latvian banking system stability and smooth operation of payment systems is seriously threatened or compromised if the bank's takeover of the bank, nor, therefore, would not be able to comply with the statutory requirements governing the operations of the bank.
In case of dispute to the bank or the bank's shareholders granted fair compensation amount small business loan determined by the court in the civil procedure in order for the bank or the bank's shareholders' claims. Such a requirement would not be provided with security requirements.
This Law shall enter into force on the day following its publication. Parliament adopted the transitional small business loan provisions, which provide that the Cabinet shall prepare and submit to the Parliament before the March 1, the necessary amendments to other Acts. If the adoption of the law, there is a conflict with existing laws, the new law will come into force simultaneously with the amendments to the existing laws.
Foreign institutional shareholders' small business loan East Capital Funds "owns 4.17%," Danske Capital Funds "- 2.74%," Julius Baer International Equity Fund "- 2.19%," Firebird Funds "- 1.82%," Svenska Handelsbanken AB "- 0.31% of the shares. In other institutional shareholders own 1.30%, and other private small business loan shareholders - 2.64% of the shares. The "Svenska Handelsbanken AB" their shares to refer the country.
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A few days ago BBC News spoke with my mother, small business loan who worried about the vinegar bottle small business loan placement on store shelves. Talking to the University Children's Hospital representative learned that children tend to taste not only the essence of vinegar and vinegar, but also a variety of household small business loan cleaning fluids, small business loan such as toilet cleaners.
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