ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of July 13, 1999 No. 315

About compulsory insurance of leasable property

For the purpose of ensuring insurance protection of property of the state companies and organizations against commercial and non-commercial risks and according to the Laws of the Republic of Tajikistan "About lease in the Republic of Tajikistan" and "About insurance" the Government of the Republic of Tajikistan decides:

1. Enter compulsory insurance of leasable property of the state companies and organizations since August 1, 1999.

Perform insurance at the expense of funds of the lessee for all-in cost of leasable property.

2. Assign to State-owned company on investment insurance Tadzhikinvest under the Government of the Republic of Tajikistan carrying out compulsory insurance of leasable property.

3. Establish in case of the conclusion of the agreement rate of assignments on compulsory insurance of leasable property in the amount of % 0,2 in year from the total amount of the rent for property.

4. State-owned company on investment insurance Tadzhikinvest under the Government of the Republic of Tajikistan together with the Ministry of Justice of the Republic of Tajikistan to approve Rules of compulsory insurance of leasable property in a month and to bring them to all ministries, departments, the organizations and organizations.

5. To offices of notary public of the Republic of Tajikistan, in case of the notarial certificate of leases of state-owned property to require obligatory availability from the lessee of the insurance policy of State-owned company on investment insurance Tadzhikinvest of the established sample.

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