RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of August 23, 2002 No. 5835

About enhancement of procedure for use of state-owned property

For the purpose of streamlining and further increase in efficiency of use of state-owned property I decide:

1. Determine that powers of the lessor of state-owned property, irrespective of its departmental accessory, are performed by the Ministry of Economics and finance of Turkmenistan.

Hyakimliki of welayats, the cities and etraps is performed by powers of the lessor of non-residential premises in apartment houses subordinated to them.

2. Prohibit to the ministries, to departments, to the state companies, the organizations and organizations self-willedally to lease state-owned property, property hiring, to sell or alienate it otherwise.

3. Determine that registration of the lease agreements of state-owned property including concluded by hyakimlika of welayats, cities and etraps is performed by the Ministry of Economics and finance of Turkmenistan.

4. Approve the enclosed Regulations on procedure for lease of state-owned property.

5. Exempt the Ministry of Economics and finance of Turkmenistan from payment of the state fee in case of submission of actions for declaration in court concerning lease, property hiring, purchase and sale or alienation of state-owned property otherwise.

6. To the main State Tax Service of Turkmenistan illegal to collect in the income of the Centralized budget of Turkmenistan the amount the received money (except tax amount on value added) in case of identification of cases of non-compliance by the state companies, organizations and organizations of established procedure of delivery of state-owned property in lease.

7. To the Ministry of Economics and finance of Turkmenistan:

together with the Ministry of Justice of Turkmenistan to prepare and provide to the Cabinet of Ministers of Turkmenistan offers on modification and the amendments in the current legislation of Turkmenistan following from this resolution;

bring departmental regulatory legal acts into accord with this resolution.

8. Recognize invalid:

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