The decree is ready for unlock the activity of the Riva Acciaio plants and in these hours the government is evaluating when to bring it to the Council of Ministers. Il Sole 24 Ore writes it, explaining that the provision is made up of five articles. The decisive one for the fate of the steel group is number four, which establishes that, when companies, businesses, assets, shares and liquidity (also on deposit) are seized, the judicial appointing body must allow their use and management to corporate bodies. The judicial custodian will then be responsible for supervision.
To this general rule is added a special one: only if the business activity is not practicable, the custodian must liquidate the object of the seizure, allocating the proceeds to the Justice Fund. All these innovations have retroactive value, so as to guarantee the application of the new rules also to the seizures already ordered at the date of entry into force of the decree. Including the Riva Acciaio plants, which he communicated on 12 September the cessation of all activities precisely following the seizure order ordered by the judiciary.
As for the other four articles of the decree, they respond to the requests that the Ilva commissioner, Enrico Bondi, made last week during a private meeting at Palazzo Chigi. The extension of the range of action of the decree on the commissioning of Ilva is foreseen. For example, the commissioner may appoint up to three sub-commissioners for subsidiaries and associated companies.
