of February 26, 1998 No. 1565-XIII
About the free enterprise zone "Production Otach-business park
The parliament adopts this law.
(1) In the territory subordinated to primeriya of the city of Otach, the free enterprise zone "The production Otach-Business park (further - free zone is created) for the term of 25 years.
(2) For creation and functioning of free zone are transferred to use of its Administration:
a) the parcel of land Ploshchad 32,17 of hectare located in city boundaries of Otach in case of entrance on Edinets Route - Oknitsa;
b) the parcel of land Ploshchad 1,02 of hectare located in case of entry into the city of Otach on Edinets Route - Oknitsa.
(3) Borders and configuration of free zone are specified in the cadastral plan of this territory constituted according to the cadastral legislation and this law.
(4) the Rights and obligations of Administration as the land user are regulated by the land legislation.
(1) For management of free zone the Government forms the state body which is referred to as with Administration, having the status of the legal entity and operating on the principles of self-financing.
(2) the Structure, functions and amount of powers of Administration are established by the Law on free enterprise zones and Regulations on the free enterprise zone "The production Otach-Business park, the approved Government.
The procedure for selection of residents, the permitted types of activity, the customs, tax, currency, visa and registration modes, employment relationships and social protection in free zone are established by the Law on free enterprise zones.
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