RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of July 16, 1999 No. 4269

About approval of the Regulations on the State fund of development of agricultural industry of Turkmenistan

1. Approve enclosed:

Regulations on the State fund of development of agricultural industry of Turkmenistan;

structure of Council of the State fund of development of agricultural industry of Turkmenistan;

the list of associations and departments of agro-industrial industries which foreign economic activity is controlled by the State fund of development of agricultural industry of Turkmenistan.

2. Declare invalid Item 1 of the resolution of the President of Turkmenistan of March 9, 1999 N 4109 "About approval of the Regulations on the State fund of development of agricultural industry of Turkmenistan".

Approved by the resolution of the President of Turkmenistan of July 16, 1999 No. 4269

Regulations on the State fund of development of agricultural industry of Turkmenistan

1. The state fund of development of agricultural industry of Turkmenistan (the Fund hereinafter is referred to as further) is created by the resolution of the President of Turkmenistan of April 25, 1996 No. 2596 "About creation of the State fund of development of agricultural industry of Turkmenistan" for the purpose of support of economic transformations in agricultural industry and ensuring development of the market relations in industries of agro-industrial complex.

2. The fund performs the activities according to the Constitution of Turkmenistan, acts of the President of Turkmenistan, decisions of the Government of Turkmenistan, other acts of the current legislation of Turkmenistan and this Provision.

3. The fund in the activities interacts with the ministries, departments, state bodies, public organizations, foreign firms and physical persons.

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