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Prime Minister Mateusz Morawiecki will soon acquire additional skills? This scenario assumes the government's bill on the principles of state property management. It is to extend the prime minister's jurisdiction to coordinate the exercise of powers conferred on the public treasury by companies.
The project was prepared by the head of the Chancellery of the Prime Minister.
The new regulation aims to introduce new regulations and to correct certain solutions of the law of December 16, 2016 on the principles of the management of property belonging to the State and the laws modified as of January 1, 2017 in relation with the reform of the state-owned property management system.
The amendments introduced will remove the doubts of interpretation that have arisen since the entry into force of the State Property Management Act, will clarify and supplement certain provisions by new solutions, which will allow – according to the authors of the project – to organize the skills and tasks of the organs of public administration after the introduction of state property management reform on January 1, 2017 and more flexible application provisions of the law.
The most important solutions adopted under the project concern strengthening, clarifying and complementing the powers and tasks of the Prime Minister in companies held by the Treasury. According to the draft, the Prime Minister's powers with respect to the coordination of the exercise of the rights of the public treasury in the companies and the guarantee of a uniform manner of exercising the rights to the shares held by the Treasury have been extended to all companies owned by the latter.
The Government Information Center explains that the project expands the number of cases in which the Prime Minister approves – in companies important to the state economy – voting instructions prepared by an entity entitled to exercise rights over shares belonging to the State Treasury or a legal entity of the State.
The current catalog is very limited in scope, as it only covers the subject matter of the art. 17 of the Law on the Management of State Property, that is to say the agreement of the general meeting for the sale, sale and purchase of certain categories of fixed assets by the company and the introduction of relevant provisions in the statutes or statutes, issues relating to the setting of remuneration rules and the appointment of members of the management and supervisory board. According to the draft, the direction should also cover the following issues: increase and decrease in the share capital of the corporation, merger – merger, spin – off, transformation, dissolution of the corporation, exclusion of the right to acquire new shares issued, sale , lease of the business or its organized part.
CIR added that the draft amendment extends the prime minister 's powers to coordinate the exercise of powers conferred on the public treasury by corporations and looking for a uniform manner of action. exercise the rights in shares held by the Treasury for all companies held by the Treasury.
Government officials also announced that the draft amendment provided for the creation of a new special fund for the state, the investment fund, which must provide funding sources for the acquisition and subscription of shares or securities of companies. The project provides that the fund will be fed, among other payments from the profit of public companies of the Treasury to a person, 30% dividends paid, as well as advance dividend advances on shares held by the Treasury. According to the project, these funds will become the fund's income from January 2020.
Source: niezalezna.pl, PAP
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