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Opposition proposes closeout of National Property Fund

Members of the parliamentary opposition have submitted a proposal to the Slovak Parliament to abolish the National Property Fund (FNM), it was announced on March 30. The MPs stated in their proposal that after the FNM is done away with, the state would take over all properties that were under its control along with its obligations pertaining to legal relations including obligations ensuing from the Labour Code, reported the TASR newswire. The financial assets that would be transferred to the state plus money obtained from privatised entities and deposited in special accounts should not become part of the state budget, TASR wrote. The proposal will be discussed and voted during the nearest parliamentary session on April 15.

Members of the parliamentary opposition have submitted a proposal to the Slovak Parliament to abolish the National Property Fund (FNM), it was announced on March 30. The MPs stated in their proposal that after the FNM is done away with, the state would take over all properties that were under its control along with its obligations pertaining to legal relations including obligations ensuing from the Labour Code, reported the TASR newswire.

The financial assets that would be transferred to the state plus money obtained from privatised entities and deposited in special accounts should not become part of the state budget, TASR wrote. The proposal will be discussed and voted during the nearest parliamentary session on April 15.

The FNM carries out approved privatisation projects, controls property on its own behalf and also pursues its rights as a shareholder of the companies that it has previously established. TASR

Compiled by Zuzana Vilikovská from press reports
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