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LAW OF THE REPUBLIC OF MOLDOVA

of December 24, 2021 No. 244

About carrying out external public audit in the field of natural gas

In view of special value of area of natural gas for national economy and welfare of her citizens, and also the fact that shortage of natural gas directly and immediately affects safety of the state and its citizens

The parliament adopts this organic law.

Art. 1. - (1) In departure from provisions of Article 88 of the Join-stock companies law No. 1134/1997, of article 32 of the Law on the organization and functioning of Audit Chamber of the Republic of Moldova No. 260/2017 to Audit Chamber to book compliance audit of costs and capital investments at the gas companies to which obligations on rendering public service are assigned, and also at the related companies as they are determined in the Natural Gas Act No. 108/2016, including at the companies which are in indirect ownership.

(2) Audit according to the powers provided by this law is booked at the gas companies to which obligations on rendering public service, at the related companies, and also at others directly or indirectly affiliated legal entities, in the part concerning area of natural gas are assigned.

(3) the Audited subjects irrespective of pattern of ownership and legal form shall resolve easy access of public auditors on the territory, and also provide direct, open and timely entry to digital information and the databases necessary for proper accomplishment of the audit engagement according to the powers provided by this law. The audited subjects provide representation necessary for information, data, regulations and documents in format and in time which are requested by Audit Chamber.

(4) For the purpose of implementation of the powers provided by this law the Audit Chamber gets unrestricted access to processing of personal data and the data which are trade secret.

(5) the Report on results of the external public audit performed according to this law, and also the resolution of Audit Chamber on approval of the report are represented to Parliament till November 30, 2022.

Art. 2. - This law becomes effective from the date of publication in the Official monitor of the Republic of Moldova.

Chairman of the parliament

Igor to Groce

 

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