LAW OF TURKMENISTAN

of June 25, 2008 No. 202-III

About licensing of separate types of activity

Chapter I. General provisions

Article 1. The basic concepts used in this Law

In this Law the following basic concepts are used:

1) the license - permission to the implementation of the licensed type of business activity and activities in the field of rendering professional services issued by the licensing body to the licensee in case of obligatory observance of licensed requirements and conditions;

2) the licensed type of activity - separate type of activity which implementation in the territory of Turkmenistan requires receipt of the license according to this Law;

3) licensed requirements and conditions - set of the separate types of activity of requirements and conditions established by regulations on licensing, which accomplishment by the licensee surely when implementing of the licensed type of activity;

4) the licensee - the legal entity or physical person which obtained the license;

5) the license applicant - the legal entity or physical person which filed in the licensing body petition for licensing, entering of amendment into the license;

6) licensing - activities for licensing, entering of amendment into the license, renewal, prolongation, suspension, renewal, cancellation and cancellation of the license;

7) the state register of licenses – the state information system constructed on the single methodological and program and technical principles, including data on issue (refusal in issue) licenses, entering of amendment into the license, renewal, prolongation, suspension, renewal, cancellation and cancellation of the license, and also other necessary data connected with licensing.

Article 2. Legislation of Turkmenistan on licensing of separate types of activity

1. The legislation of Turkmenistan on licensing of separate types of activity is based on the Constitution of Turkmenistan and consists of this Law and other regulatory legal acts of Turkmenistan.

2. Provisions of this Law do not extend on:

1) the relations arising when using intellectual property items;

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