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Article 1:
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In the application of this law, unless the context otherwise requires,
the following words and expressions shall have the meanings assigned to each of
them:
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The Minister
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The Minister of National Economy.
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The Concerned Minister
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Each Minister within the scope of his ministry or the chairman
of a government unit, public corporation, or public institution.
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Project Agreements
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The agreements, licenses and contracts concluded by the government
or the companies or the government corporations or institutions in respect of the
Project.
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Project Company
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The company with which the government or the government corporations
or institutions contract in respect of the Project in accordance with the terms
provided for in the agreements, contracts or licenses granted in relation to the
Project, and also the government company constituted for the restructuring of the
utility prior to its Privatisation. |
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Privatisation
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The transfer of ownership, or the management or leasing of the
government utilities or entities to the private sector in accordance with the provisions
of this law.
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The Project
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The project which the Council of Ministers decides to Privatise.
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Retirement
Fund
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The Pension Fund
that an employee is subject to according to the entity he works for.
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