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Draft Law On Making Amendment To RA Law On Energy Passed In FirstRea

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  • Draft Law On Making Amendment To RA Law On Energy Passed In FirstRea

    DRAFT LAW ON MAKING AMENDMENT TO RA LAW ON ENERGY PASSED IN FIRST READING

    Noyan Tapan
    Apr 11 2006

    YEREVAN, APRIL 11, NOYAN TAPAN. The RA National Assembly on April
    11 passed in first reading the revised version of the draft law on
    making an amendment to the RA Law on Energy. The previously voted
    draft proposed that the provision, according to which nuclear
    energy is a state monopoly, should be removed from the current
    law. Taking into account the proposals made during discussion,
    the government agreed to stipulate additionally that the shares
    of the Metsamor Nuclear Power Plant are state property and are not
    subject to privatization. Besides, it is stipulated that the nuclear
    facilities and subsatnces are property of the Republic of Armenia,
    while nuclear substances and nuclear facilities to be built after
    this law's taking effect may be the property of legal entities. The
    nuclear power plants and nuclear facilities considered important in
    terms of security will be build and stopped operating under a separate
    law to be submitted by the government.
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