Article 5: the ownership of the State-owned assets and equity of enterprises subject to the transfer shall be clear.

第五条被划转企业国有产权的权属应当清晰。

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The transfer of ownership of state assets to private owners will not be a new and decisive act, but simply the correct settlement of bills long past due.

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Second, a scheme to transfer direct ownership of shares in RBS and Lloyds from the state to 50 million adults on the National Insurance register probably requires the kind of massive IT project which the public sector has a history of bungling on a world-class scale.

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