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Name: Law of the Union of Soviet Socialist Republics on state enterprises (amalgamations) [LS 1987 - USSR 1].
Country: Soviet Union
Subject(s): Wages; Economic and social policy; Freedom of association, collective bargaining and industrial relations; Banking, finance, insurance workers
Type of legislation: Law, Act
Adopted on: 1987-06-30
Entry into force:
Published on: Vedomosti Verkhovnogo Soveta SSSR, 1987-07-01, No. 26, Text 385, p. 427-463
ISN: SUN-1987-L-3568
Bibliography: Vedomosti Verkhovnogo Soveta SSSR, 1987-07-01, No. 26, Text 385, p. 427-463
Abstract/Citation: This Act lays down the economic and legal principles governing the economic activities of socialist state-run enterprises (amalgamations). According to the preamble, it affords work collectives greater scope in running enterprises and defines the relationships between such enterprises and state bodies. It provides for greater application of commercial management methods and the use of full profit-and-loss accounting and self-financing. The Act contains provisions regarding remuneration (s. 3(2)), work-collective councils of enterprises (s. 7), personnel (s. 8), social development of work collectives (s. 13) and labour and wages (s. 14), inter alia. Entry into force 1 Jan. 1988.

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