of March 5, 2007 No. 238
About production sharing agreements
This Law establishes the legal basis of the relations between the state and the investor arising when implementing internal and foreign investments in search, exploration and production of minerals in the territory of the Republic of Tajikistan in accordance with the terms of the agreement on the Section of the made products.
1. This Law determines and governs the relations arising in case of subsurface use between the state and the investor in case of the conclusion, execution and the termination of production sharing agreements.
2. The relations between the parties arising in the course of subsurface use, and also transportation, processing, conversion, storage, use, sales of products or the order by products are regulated by the production sharing agreements signed according to this Law.
3. The rights and obligations of the Parties having civil nature are determined according to this Law and the Civil code of the Republic of Tajikistan.
4. The relations arising in the course of subsurface use, which are not settled by this Law are determined by the Law of the Republic of Tajikistan "About subsoil", and other regulatory legal acts of the Republic of Tajikistan.
The legislation on production sharing agreements is based on the Constitution of the Republic of Tajikistan, consists of this Law, other regulatory legal acts of the Republic of Tajikistan, and also the international regulatory legal acts recognized by Tajikistan.
In this Law the following basic concepts are used:
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