Date of the judgment: 11.03.1998.
Official publication: 12.03.1998.
On Compliance of the Joint Interpretation by the Ministry of Finance (No.047/475 Certified on April 30,1993) and by the Ministry of Economic Reforms (No.34–1.1.–187, Certified on May 4,1993) "On Revaluation of Fixed Assets by Enterprise and Entrepreneur Company Accountancy"" and Interpretation by the Ministry of Economy No.3–31.1–231 of December 28, 1993 "On the Procedure of Application of the Joint Interpretation by the Ministry of Finance and the Ministry of Economic Reforms "On Revaluation of Fixed Assets by Enterprise and Entrepreneur Company Accountancy"" with the law "On the Procedure of Privatisation of Objects (Enterprises) of the State and Municipal Property" as well as Other Laws
Constitutional Court decided to declare part of the Joint Interpretation ” On Revaluation of Fixed Assets by Enterprise and Entrepreneur Company Accountancy”, certified by the Ministry of Finance on April 30, 1993 (No. 047/475 and by Ministry of Economic Reforms on May 4, 1993 (No.34-1.1-187) referring to inclusion of investments into the buy-out payment during the process of privatisation as well as Interpretation by the Ministry of Economy No.3-31.1-231 of December 28, 1993 ”On the Procedure of Application of the Joint Interpretation by the Ministry of Finance and the Ministry of Economic Reforms ” On Revaluation of Fixed Assets by Enterprise and Entrepreneur Company Accountancy”” as not being in compliance with Article 64 of the Satversme and null and void from the moment of the announcement of the Judgment.