of August 16, 2001 No. ZR-206
About privatization of Yerevan Power Supply Network, Northern Power Supply Network, Southern Power Supply Network and Central Power Supply Network Private companies
Accepted by National Assembly of the Republic of Armenia on July 27, 2001
The basic concepts used in sense of this Law are:
the societies distributing the electric power (further - RE of society) – the Yerevan Power Supply Network, Northern Power Supply Network, Southern Power Supply Network and Central Power Supply Network private companies and also formed on their basis as a result of reorganization of society, performing activities for electricity distribution;
the strategic investor – person according to this Law declared the winner as a result of international contest on privatization of RE of societies with which the Government signs the sales agreement of shares;
the sales agreement of shares – the sales agreement of the shares included in the block of shares concluded between the Government and the strategic investor as a result of international contest;
the agreement on direct sale of shares – the agreement on direct sale of shares RE of societies signed between the Government and the international financial institution or between the Government and the strategic investor;
the block of shares – shares of those RE of societies determined by the Government which are sold by method of international contest in total;
the amount received for shares – the amount received as a result of privatization from the strategic investor and financial institution based on sales agreements and direct sale of shares from the moment of representation of packet of competitive documents about day of the expiration of the fifth month from the moment of privatization – with deduction of the amount of remuneration of consultants of process of privatization and payment for success, and also compensation paid to the strategic investor;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.