of May 16, 1997 No. 464
About privatization of state-owned property in the Republic of Tajikistan
This Law governs the relations between the state on behalf of the bodies authorized by it and legal, physical persons in the course of privatization of state-owned property.
Privatization of state-owned property - the activities for cession of property performed by the state, the state which is in property, in personal property of physical persons and legal entities according to the procedure, established by the legislation of the Republic of Tajikistan.
The legislation of the Republic of Tajikistan on privatization of state-owned property is based on the Constitution of the Republic of Tajikistan and consists of this Law, other regulatory legal acts of the Republic of Tajikistan, and also the international legal acts recognized by Tajikistan.
Privatization of the state-owned property which is outside the Republic of Tajikistan is regulated by this Law if other is not provided by the international legal acts recognized by Tajikistan.
The basic principles of carrying out privatization are:
a) legality;
b) publicity;
c) equal rights of citizens on receipt of share in property, privatizeable;
d) competition;
e) legal succession.
The bodies authorized by the state in the field of privatization are:
concerning republican property - the Government of the Republic of Tajikistan;
concerning property of the Gorno-Badakhshan Autonomous Region, areas, the city of Dushanbe, the cities, areas - the relevant Majlises of People's Deputies and, within competence, Chairmen of the Gorno-Badakhshan Autonomous Region, areas of the cities and areas.
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