ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of February 10, 2009 No. 136

About approval of the Regulations on the auctions "from the hammer" and "on lowering"

Based on articles 40 and 42 of the Law on management of public property and its privatization No. 121-XVI of May 4, 2007. (The official monitor of the Republic of Moldova, 2007, Art. No. 90-93, 401), with subsequent changes and amendments, DECIDES: the Government

1. Approve Regulations on the auctions "from the hammer" and "on lowering" according to appendix No. 1.

2. Recognize invalid some orders of the Government according to appendix No. 2.

Appendix №1

to the Order of the Government of the Republic of Moldova of February 10, 2009 No. 136

Regulations on the auctions "from the hammer" and "on lowering"

I. General provisions

1. This Provision establishes procedure for the organization and holding the auctions "from the hammer" and "on lowering" (further - auction), conditions of participation in auctions and payments of cost of the privatized object.

2. The organization and holding auctions are based on:

preliminary publication of the information message about auction;

acquaintance of participants with the objects offered for auction and/or with results of their financial and economic activities;

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