LAW OF THE REPUBLIC OF MOLDOVA

of October 14, 2004 No. 338-XV

About privatization of the companies in settlements of left bank of Dniester and Bender's municipium

For the purpose of ensuring social protection of persons living in settlements of left bank of Dniester and Bender's municipium, their property rights and interests and also non-admission of violations of their rights and interests in the course of privatization of the companies located in settlements of left bank of Dniester and Bender's municipium

The Parliament adopts this organic law.

Chapter I. General provisions

Article 1. Subject to privatization

(1) Subject to privatization are the left banks of Dniester and Bender's municipium belonging to the state or administrative and territorial units of the company, located in settlements.

(2) operation of this law does not extend To agricultural enterprises.

Article 2. Participants of privatization

(1) can take part In privatization of the companies:

a) employees of the companies, privatizeable;

b) the employees of the privatizeable companies on the date of entry into force of this law dismissed on the bases which are not connected with work misconduct, and who are not working at the time of privatization at other company;

c) pensioners on the bases provided by the current legislation which last place of employment was privatized company;

d) the persons performing compulsory military service at the call of, being at the time of appeal employees of the companies, privatizeable.

(2) Persons specified in part (1), can participate in privatization through the representatives according to the current legislation.

Article 3. The cost of the privatized companies

The privatized companies are transferred to private property to participants of privatization free of charge, in proportion to share of their participation in value creation of the relevant company.

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