Law No. 3/2018 approving the principles and rules applicable to the State Business Sector (SEE).
Country
Type of law
Legislation
Abstract
This Law, consisting of 64 articles divided into six Chapters and a Glossary, establishes principles and rules applicable to the entire business sector of the State (SEE). The State's business sector is made up of the set of production and commercial units of the State, organized and managed in a business manner, comprising public companies and companies exclusively or majority-owned by the State. It aims namely to perform the following activities: to implement the strategies outlined by the Government for the State business sector; to provide services and activities of public interest; to develop commercial activities whose feasibility is proven in previously developed studies and to contribute to the public purse. It does not apply to companies with minority interests held by the State. In addition, it regulates organization, operation and competence, management, public companies, subsidiaries, covering companies exclusively held by the State and companies majority held by the State,
Attached files
Web site
Date of text
Entry into force notes
This Law enters into force 180 days after its publication.
Notes
This Law repeals Law No. 6/2012 of 8 February on Public companies.
Repealed
No
Serial Imprint
Boletim da República, I Série, No. 120.
Source language
English
Legislation Amendment
No
Original title
Lei n. 3/2018 - Aprovação dos princípios e regras aplicáveis ao Sector Empresarial do Estado (SEE).