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DECREE OF PROVISIONAL GOVERNMENT OF THE KYRGYZ REPUBLIC

of July 19, 2010 No. 103 VP

About approval of the Procedure for forced withdrawal of property

For the purpose of implementation of decrees of Provisional Government of the Kyrgyz Republic about nationalization and according to the Decree of Provisional Government of the Kyrgyz Republic of April 7, 2010 No. 1 the Provisional Government of the Kyrgyz Republic accepts this Decree:

1. Approve the enclosed Procedure for forced withdrawal of property.

2. Determine that in decrees of Provisional Government of the Kyrgyz Republic about nationalization nationalization of property is understood as forced withdrawal of property without the obligatory cost recovery of this property and other losses caused by its withdrawal.

On the separate objects which are compulsorily withdrawn in property of the state by decrees of Provisional Government of the Kyrgyz Republic about nationalization return of the sum of money paid by the owner of compulsorily withdrawn property in case of its acquisition can be provided.

3. Determine that regulatory legal acts of the Kyrgyz Republic are effective in the part which is not contradicting this Decree.

4. This Decree becomes effective from the date of its signing.

 

Chairman of Provisional Government

Kyrgyz Republic

R. Otunbayeva

Approved by the Decree of Provisional Government of the Kyrgyz Republic of July 19, 2010, No. 103 VP

Procedure for forced withdrawal of property

1. This Procedure determines procedure for forced withdrawal in state-owned property of the property specified in decrees of Provisional Government of the Kyrgyz Republic about nationalization.

2. In decrees of Provisional Government of the Kyrgyz Republic about nationalization it is necessary to understand the property revealed by law enforcement agencies in the course of conducting checks and concerning Bakiyev K. family and his environment and also the property privatized during the period from 2005 to 2010 by method without price fixation as natsionaliziruyemy property.

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