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THE PRESIDENT OF THE FORAL COMMUNITY OF NAVARRE.
I let you know that the Parliament of Navarra has approved the following,
REGIONAL LAW TO AMEND REGIONAL LAW 6/1990, OF JULY 2, ON THE LOCAL ADMINISTRATION OF NAVARRE.
PREAMBLE
It is necessary to carry out a modification of the Ley Foral de la Administración Local de Navarra to adapt this norm to the present where local public companies coexist whose capital belongs exclusively to the local parent entity with others in which, with the majority participation in the Other public sector entities, such as the Government of Navarra, CEPEN, other local entities, etc., also own this capital, in a minority.
According to the current wording of the law, these owned by various public sector entities currently have the status of indirect management means (article 192.3 e) and are linked to a concession whose maximum term of validity is 50 years (article 194). . As this term is close to expiration in some municipal companies in Navarra, Mercairua being the first of them, which is already seeing its projection and strategy limited as a consequence of this, questioning not only the fulfillment of the public service that constitutes its object, but even its financial supervision.
By virtue of it, the Foral Law 6/1990, of July 2, of the Local Administration of Navarra is modified.
I, in compliance with the provisions of article 22 of the Organic Law of Reintegration and Improvement of the Foral Regime of Navarra, promulgate, on behalf of His Majesty the King, this foral law, order its immediate publication in the Official Gazette of Navarra and its delivered to the Official State Gazette and commanded citizens and authorities to comply with it and enforce it.
