LAW OF TURKMENISTAN

of November 13, 2021

About modification and amendments in the Law of Turkmenistan "About privatization and privatization of state-owned property"

I. Bring in the Law of Turkmenistan "About privatization and privatization of state-owned property" of December 18, 2013 (Sheets of Majlis of Turkmenistan, 2013, No. 4, Art. 88; 2014, No. 4, Art. 148; 2015, No. 1, Art. 32, No. 2, Art. 69; 2016, No. 1, Art. 68, No. 4, Art. 165; 2018, No. 2, Art. 43, No. 4, Art. 97; 2019, No. 2, Art. 36; 2020, No. 3, Art. 46, No. 4, Art. 85) following changes and amendments:

1) in Article 6:

in Item the word "part" shall be replaced with words 8 parts one "paragraph one of part";

the second to add part with the paragraph of the following content:

"The state-owned property which is not connected with the main activities of the Armed Forces, bodies of homeland security, border and internal troops, state educational institutions, research institutions, centers of Academy of Sciences of Turkmenistan and industry academies provided by paragraph one of this part can be object of privatization and privatization of state-owned property.";

Item 13 of article 12 after the words "subject to privatization" to add 2) with the words "and the document confirming transition of the property right to share of government securities in the authorized capital of joint-stock companies;";

Article 16 to add 3) with part of the following content:

"9. The organization of activities and turnover of necessary documents for implementation of sale of subjects to privatization in the procedure determined by authorized body according to the legislation of Turkmenistan can be performed in digital electronic form.";

Paragraph two of part two of Article 18 to state 4) in the following edition:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info