Wednesday, 2 December 2009

Forty-Second Sitting of the Finance Committee

At the sitting held on 2 December, the members of the Finance Committee considered the amendment the Committee proposed to the Bankruptcy Bill.



At the sitting held on 2 December, the members of the Finance Committee considered the amendment the Committee proposed to the Bankruptcy Bill.

The Committee submitted an amendment modifying paragraph 1 of article 135 of the Bill. The modification institutes a higher level of protection of secured creditors’ rights. The Committee members unanimously accepted the proposed amendment.

The Committee members went on to rule that it is imperative that the Committee discuss the State Audit Institution’s Report on the audit of the financial statement of the Republic of Serbia 2008 Budget. The Committee Deputy Chairperson Branka Ljiljak informed the Committee members that there was to be a meeting with the representatives of the IMF technical mission on Thursday 3 December, to discuss the introduction of the fiscal responsibility principle into the Republic of Serbia public finance system.

The sitting was chaired by the Committee Deputy Chairperson, Branka Ljiljak.


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