The government plans to change regulations regarding the right to acquire shares in companies of the Ministry of Finance. These are Gaz System, PERN and Polskie Sieci Elektroenergetyczne (PSE).
As shown in the list of legislative and programmatic activities of the Council of Ministers,the government intends to amend the regulation regarding the list of companies in which the rights attached to shares of the state treasury are exercised by the Prime Minister or other members of the Council of Ministers, government agents or legal entities of the state, including companies with one shareholder from the State Treasury.
“The purpose of the draft regulation is to give the nominee the right to submit a declaration of intent on behalf of the Ministry of Finance to purchase or withdraw shares of companies, i.e. legal entities in which he or she exercises the rights attached to the shares of the Ministry of Finance and over which he or she exercises the so-called corporate supervision. The above will contribute to the creation of a coherent system for exercising rights to shares and recording them vis-à-vis companies,” we read in the list.
As stated in the list, in a request dated October 20, the Government Plenipotentiary for Strategic Energy Infrastructure asked the Minister of State Assets to request the Council of Ministers to exercise the powers referred to in Art. 7 section 2 point 2 of the law of 16 December 2016 on the principles of management of state assets, in the context of the submission on behalf of the Treasury of a declaration of intent to acquire or purchase shares, in relation to the following companies: Operator Gazociągów Przesyłowych Gaz-System, PERN, Polskie Sieci Elektroenergetyczne.
It appears from the list that the draft regulation responds to the above-mentioned request of the representative.
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.