Privatisation Fund definition

Privatisation Fund means an independent fund as described in the Euro Summit Statement, to be established by the Beneficiary Member State to hold valuable Greek assets and which will monetise such assets through privatisations and other means.
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Privatisation Fund means the Privatisation Fund established under section 16;
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Privatisation Fund means the Privatization Fund established under section 15;
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Examples of Privatisation Fund in a sentence

  • Initially, the Company has been established as a Privatisation Fund according to the Privatisation Funds Act under the company name Privatisation Fund Bulgaria PLC.

  • The General Meeting of Shareholders held on 27 February 1998 passed a decision to reorganize the activities of Privatisation Fund Bulgaria PLC into a holding company and to rename it from Privatisation Fund Bulgaria PLC to Industrial Holding Bulgaria PLC.

  • The Government and the Privatisation Fund (HRADF) have taken important steps in advancing the privatisation programme forward (e.g., signing of the regional airport agreement, the conclusion of the OLP tender) and are committed to proceed with the ambitious, ongoing privatisation program of HRADF.

  • Up until September 2008, the State Privatisation Fund had sold or liquidated some 30 companies and the remaining portfolio still comprised around 891 companies, with the State keeping a majority holding in 97 of them.

  • Management, Investment and Privatisation Fund In line with the statement of the Euro Summit of 12 July 2015 and the Action Plan agreed among the Greek Government and the institutions, a new independent fund (the “Fund”) will be established and have in its possession valuable Greek assets.

  • However, the privatisation of assets held by the State Privatisation Fund made only limited progress.

  • Accordingly, the value was adjusted for the estimated costs to complete the development of the property under construction and the value of property, plant and equipment held by a related Company.

  • The Commission shall establish and maintain a distinct and separate Privatisation Fund in which all privatisation proceeds shall be deposited.

  • Within five days following the end of the time period for the flotation of shares or convertible debentures, the enterprise which is being privatised must transfer to the account of the Privatisation Fund opened for the Ministry of Finance the difference between the issue price of the shares or debentures and their nominal value, in proportion to the number of shares owned by the State prior to the issue.

  • The General Meeting of Shareholders held on 27 February 1998 passed a decision to reorganize the activities of Privatisation Fund Bulgaria PLC into a holding company and to change its name from Privatisation Fund Bulgaria PLC to Industrial Holding Bulgaria PLC.


More Definitions of Privatisation Fund

Privatisation Fund means the fund established under the Privatisation (Revenue and Expenditure) Act 1997;
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Related to Privatisation Fund

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.