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RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of November 4, 1998 No. 3942

About approval of the Regulations on Association of joint-stock companies on operation of water management systems and servicing of water users Turkmenobasuvkhyzmat of the Ministry of rural and water farms of Turkmenistan

Approve the enclosed Regulations on Association of joint-stock companies on operation of water management systems and servicing of water users Turkmenobasuvkhyzmat of the Ministry of rural and water farms of Turkmenistan.

 

President of Turkmenistan

Saparmurat Turkmenbashi

Approved by the resolution of the President of Turkmenistan of November 4, 1998 No. 3942

Regulations on Association of joint-stock companies on operation of water management systems and servicing of water users Turkmenobasuvkhyzmat of the Ministry of rural and water farms of Turkmenistan *

1. The association is state body water management complex and the authorized holder of the controlling stake of the state shares of joint-stock companies on operation of water management systems and servicing of water users. The association is part of the Ministry of rural and water farms of Turkmenistan, is legal successor of property, funds and means of the abolished Ministry ofMelioration and Water Resources of Turkmenistan.

The state companies and the organizations of the abolished Ministry ofMelioration and Water Resources of Turkmenistan and the joint-stock companies which are again formed based on velayatsky joint-stock companies "Velayatobasuvkhyzmat" are part of Association.

2. The association in the activities is guided by the Constitution of Turkmenistan, the laws of Turkmenistan, acts of the President of Turkmenistan, resolutions of Majlis of Turkmenistan, decisions of the Cabinet of Ministers of Turkmenistan and this Provision.

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