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