PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of February 9, 1996 No. 437

About transfer of the state companies (objects) to management on the basis of agreements

As a result of ustareniye and wear of production capacities on number of industrial complexes and the companies, lack of experience of industrial process control according to modern requirements and for other reasons amount of the made products in the country in recent years, without having sustained the competition, considerably decreased, some industrial enterprises are under the threat of suspension.

For the purpose of acceleration of works on application of the modern advanced methods of management providing improvement of activities of the state companies and industrial complexes, to preparation and implementation of the corresponding projects with participation of foreign firms I decide:

1. Approve the offer of the Cabinet of Ministers of the Azerbaijan Republic on transfer of the separate state companies (objects) in cases when there are no internal opportunities, in management to legal entities and physical persons for certain term on the basis of agreements for the purpose of improvement of activities of the companies.

2. Approve Regulations on transfer to management on the basis of agreements of the state companies (objects). Determine that transfer of the state companies (objects) to control on the basis of agreements is exercised only according to the Provision.

Approved by the Presidential decree of the Azerbaijan Republic of February 9, 1996 No. 437

Regulations on transfer of the state companies (objects) to management on basis under the agreement

1. General provisions

1.1. This Provision is developed for the purpose of implementation of the relevant activities for ensuring improvement of the state companies (objects) (further - "company" (object)" on the basis of individual projects.

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