OpenLegislation

Division (14.1) Slovenia commits the following:

United Kingdom

Original text. Later amendments are not shown.

  1. (14.1.1)

    allocate all of the seats and voting rights on the supervisory board and its committees to independent experts, i.e. persons who:

    • are neither currently employed nor have been employed 24 months prior to their appointment by the Slovenian Sovereign Holding, state authority, public agency, public fund, public-law institution or public-law economic institution, whose founder is the Republic of Slovenia,

    • are neither currently employed nor have been employed 24 months prior to their appointment by any other public entity, which is indirect user of the budget or by any entity, in which the Republic of Slovenia, the Slovenian Sovereign Holding or Kapitalska družba pokojninskega in invalidskega zavarovanja d.d. has a dominant influence over its operations as defined in the Companies Act (Official Gazette of the Republic of Slovenia No 65/09 — official consolidated text and subsequent amendments),

    • do not currently hold nor have held 24 months prior to their appointment a leadership or managing function within a Slovenian political party.

  2. (14.1.2)

    ensure that each state-owned bank shall remain a separate economic unit with independent powers of decision according to paragraph 9.10 of the 2013 commitments,

  3. (14.1.3)

    ensure that Slovenian State-owned companies will by no means be treated more favorably than non-state-owned companies (non-discrimination) according to paragraph 11 of the 2013 commitments,

  4. (14.1.4)

    ensure that NLB will not acquire any stake in any undertaking according to paragraph 12.4 of the 2013 commitments.