SUPREME COUNCIL OF THE REPUBLIC OF LITHUANIA                          
                                                                                
                             DECREE                                             
                                                                                
 ON THE PROCEDURE FOR THE ENTRY INTO FORCE OF THE ENTERPRISE LAW                
                  OF THE REPUBLIC OF LITHUANIA                                  
                                                                                
                                                                                
     The Supreme Council of the Republic of Lithuania decrees:                  
     1. To  establish that  Enterprise Law  of  the  Republic  of               
Lithuania comes  into effect  from 1  July 1990,  except for  the               
articles which  regulate  the  establishment  and  activities  of               
individual (personal) enterprises.                                              
     2.  To   commission  the   Government  of  the  Republic  of               
Lithuania: prepare  and present  by 20  June 1990  to the Supreme               
Council of  the Republic  of Lithuania  the bills  which must  be               
adopted in  order to carry out the Enterprise Law of the Republic               
of Lithuania;  to re-register  by 1  October 1990 all enterprises               
which started  functioning prior  to the  date of  the Law coming               
into force.  Individual (personal)  enterprises  are  to  be  re-               
registered by 1 July 1990.                                                      
     3. To  establish that  on re-registering  the  cooperatives,               
established prior  to the Law coming into force, they are granted               
the status  of a  real economic  company,  and  persons  who  are               
engaged  in   individual  work   according  to   the  regulations               
established  by   law  are   granted  the  status  of  individual               
(personal) enterprise.                                                          
                                                                                
                                                                                
                                                                                
                                                                                
                                             VYTAUTAS LANDSBERGIS               
                                                        President               
                                                  Supreme Council               
                                            Republic of Lithuania               
                                                                                
Vilnius                                                                         
8 May 1990                                                                      
No I-197