•
Establishing the PHC (Privatisation High Council),
the decision making authority, composed of the Prime
Minister and the relevant (4) Ministers,
•
Establishing the "PA
(Privatisation Administration)",
which is responsible for implementing the decisions
of the PHC and the fulfilling the responsibilities
given by this Law,
•
Clear privatisation procedures,
•
Providing the personnel of the organisations
to be privatised, who might become unemployed as a
result of privatisation, with financial and
social rights (compensation schemes),
•
Establishing the "Privatisation Fund"
to finance both the financial needs of the companies
in the privatisation portfolio and the compensation
schemes (Privatisation proceeds are to be credited
to this Fund),
