NEWSLETTER-2017

360 NEWSLETTER 2017 Conclusion The establishment of the Wealth Fund has the main purpose of bringing the public assets into the economy and providing financing to large-scale investments. Important assets belonging to the Treasury have been recently transferred to the Wealth Fund. The Wealth Fund is vested with legal personality limited by the registration of the assets transferred to the fund. The assets of the Wealth Fund are under pro- tection, based on the fact that they may not be provided as collateral, with the exception of the authorized activities and transactions to be conducted by the fund. Concerning the audit of the Wealth Fund, a special audit system is provided, which is outside of the scope of the Treasury audit.