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State Committee on Property of the Republic of Belarus State Committee on Property of the Republic of Belarus Государственный комитет по имуществу

Reform of state property


Issues of reforming state property are regulated by the Law of the Republic of Belarus of January 19, 1993 "On the Privatization of State Property and the Transformation of State Unitary Enterprises into Open Joint Stock Companies" (as amended on July 16, 2010), the Decree of the Council of Ministers of the Republic of Belarus of December 31, 2010. No. 1929 "On Measures to Implement the Law of the Republic of Belarus" On Amendments and Additions to Certain Laws of the Republic of Belarus and the Repeal of Certain Legislative Acts of the Republic of Belarus Larus and their separate provisions on privatization of state property. "

Reformation of state property is carried out by:

• transformation of state unitary enterprises into open joint-stock companies;

• reorganization of an open joint stock company by merging with it a state unitary enterprise.

The decision on the consent to convert a republican unitary enterprise into an open joint-stock company, and also to add a state unitary enterprise or several state unitary enterprises to an open joint stock company shall be taken by the President of the Republic of Belarus at the suggestion of the Council of Ministers of the Republic of Belarus.