LAW OF THE REPUBLIC OF MOLDOVA

of September 28, 2014 No. 188

About some measures for insolvency proceeding of Termocom joint-stock company

This organic law is adopted based on provisions of article 106-1 of the Constitution by acceptance by the Government of responsibility to Parliament, and also for the purpose of ensuring energy security, creation of conditions for stable provision of services on heat supply to consumers in мун. Chisinau and increases in efficiency of the heat power companies мун. Chisinau.

Art. 1. – (1) In departure from provisions of the Insolvency act No. 149 of June 29, 2012, set of property of JSC Termocom in insolvency proceeding (IDNO 1003600022286) intended for implementation of activities for production, distribution and delivery of heat energy in мун. Chisinau, as functional subgroup transfers AO "Centrala Electrica cu Termoficare No. 2" мун. Chisinau (IDNO 1003600026295) based on the purchase and sale agreement, in case of the ineffectual expiration in 10 calendar days, the local public authority provided to body мун. Chisinau by the notice, for implementation of the privilege.

(2) the Term in 10 calendar days specified in part (1), the authorized body of local public authority мун is considered overdue fruitlessly if during this period. Chisinau did not sign the purchase and sale agreement of functional subgroup.

(3) the List of property of JSC Termocom in insolvency proceeding which is included into functional subgroup affirms JSC Termocom Creditor committee as insolvency proceeding. The requirements of creditors of JSC Termocom in insolvency proceeding included in the final register are not part of functional subgroup.

(4) the Price of purchase and sale of functional subgroup will be equal to market value of the set of all property which is its part, determined by the independent appraiser according to the legislation.

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