This Law regulates the privatization of agricultural cooperatives and collective farms. Its 13 articles are entitled as follows: Objectives (1); facilities subject to privatization (2); Persons entitled to acquisition rights of agricultural enterprise property subject to privatization (3); Methods of privatization (4); Payments for purchased facilities of privatization (5); Procedure for property acquisition of agricultural enterprises under privatization (6); The system of privatization bodies (7); Inventory and appraisal of property under privatization (8); Registration of requests from persons entitled to acquisition rights of property of an agricultural enterprise (9); Meeting of persons entitled to acquire the property of agricultural enterprises subject to privatization (10); Procedure for solving disputes (11); Termination of activities of an enterprise (12); Privatization procedure for unprivatized property (13).
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Government of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos Vyriausybė) is the cabinet of Lithuania, exercising executive power in the country. Among other responsibilities, it executes laws and resolutions of the parliament, the Seimas, and the decrees of the President, manages state property and, together with the President, executes the foreign policy of the country. The Government also has the right of legislative initiative, puts together the state budget and presents it to the Seimas for approval.
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