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LAW OF TURKMENISTAN

of December 18, 2021 No. 444-VI

About modification and amendments in the Law of Turkmenistan "About shared-equity construction of apartment houses and other real estate objects"

I. Bring in the Law of Turkmenistan "About shared-equity construction of apartment houses and other real estate objects" of March 31, 2012 (Sheets of Majlis of Turkmenistan, 2012, No. 1, Art. 40; 2014, No. 2, Art. 84, No. 4, Art. 148; 2015, No. 3, Art. 110; 2017, No. 1, Art. 35, No. 4, Art. of Art. 147 and 168) following changes and amendments:

1) in Article 1:

in Item 2 after the words "raising money of shareholders" to add with words ", and also using own means";

in Item 3 shall be replaced with words the word "or" "and (or)";

Item 1 of Article 4 to state 2) in the following edition:

"1) the apartments located in apartment apartment houses and the single-family apartment houses entering complex of apartment houses (further - the apartment);";

Shall be replaced with words 3) in contents of Article 5 of the word "and also authorized body in the field of construction" "authorized state body in the field of construction and architecture";

4) in Article 6:

declare Item 2 invalid;

state Item 6 in the following edition:

"6) performs other functions in the field of shared-equity construction referred to its competence by the legislation of Turkmenistan.";

5) in Article 7:

in the name and paragraph one of the text of the Law in state language of the word "Ygtyyarlyk berlen" to replace with the word "Ygtyyarly";

state Item 10 in the following edition:

"10) performs other functions in the field of shared-equity construction referred to its competence by the legislation of Turkmenistan.";

Item 4 of Article 8 to state 6) in the following edition:

"4) is performed by other functions in the field of shared-equity construction referred to their competence by the legislation of Turkmenistan.";

7) in Article 10:

in part one:

in paragraph one of the text of the Law in state language of the word "ygtyyarlyk berlen" to replace with the word "ygtyyarly";

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