LAW OF TURKMENISTAN

of May 23, 2015 No. 233-V

About introduction of amendments to the Law of Turkmenistan "About pledge"

I. Bring in the Law of Turkmenistan "About pledge", adopted on October 1, 1993 (Sheets of Majlis of Turkmenistan, 1993, No. 9-10, of Art. 57; 2007, No. 1, Art. 40; 2009, No. 2, Art. 33), following changes:

1. In the text of the Law in state language of the word "grazdan ulanysyndan", "grazdanlara", "grazdan", "emlak kompleksleri", "kompleks" "struktura", "podrazdeleniyelerinin", "organlarynyn", "organlary", "organda", "organ", "organyn", "organa", "organlara", "organlaryna", "organynyn", "operasiyalaryny", "operasiyasyny", "lisenziyalary", "dokumentinin", "dokument", "dokumentleri", "dokumentler", "kwartiranyn", "kwartirada", "kwartiralar", "strahowaniye", "strahowaniye etmek", "strahowaniye edyar", "strahowaniye etdirmage", "strahowaniye etdirmegini", "strahowaniye etdirmek", "aktlaryn", "aktlarynda", "aktlaryny", "aktlary", "akt", "formasy", "formada", "formasynyn", "formasyny", "formasyna", "territoriyasynda", "territoriya", "remont etmek", "transport", "reyestre", "reyestrden", "reyestrlerde", "sudun", "sudda", "sudlar", "suda", "yarym fabrikatlara", "yarym fabrikatlar", "yarym fabrikarlaryn", "prosentler", "prosentleri", "magazinin", "magazin", "ustawyny", "normalaryna", "ucastogyny", "notariusyn ispolnitel yazgysy", with "grazdan prosessual kanunlaryna" to replace respectively with the words "rayat dolansygyndan", "rayatlara", "rayat", "emlak toplumlary", "toplum", "duzum", "kici bolumlerinin", "edaralarynyn", "edaralary", "edarada", "edara", "edaranyn", "edara", "edaralara", "edaralaryna", "edarasynyn", "amallaryny", "amalyny", "ygtyyarnamalary", "resminamasynyn", "resminama", "resminamalary", "resminamalar", "oyun", "oyde", "oyler", "atiyaclandyrys", "atiyaclandyrmak", "atiyaclandyryar", "atiyaclandyrmaga", "atiyaclandyrmagyny", "atiyaclandyrmak", "namalaryn", "namalarynda", "namalaryny", "namalary", "nama", "gornusi", "gornusde", "gornusinin", "gornusini", "gornusine", "caginde", "cak", "bejermek", "ulag", "sanawa", "sanawdan", "sanawlarda", "kazyyetin", "kazyyetde", "kazyyetler", "kazyyete", "yarym tayyar onumlere", "yarym tayyar onumler", "yarym tayyar onumlerin", "goterimler", "goterimleri", "dukanyn", "dukan", "tertipnamasyny", "kadalaryna", "bolegini", "kepillendirijinin yerine yetirilis yazgysy", "rayat is yoredis kanuncylygyna".

2. In the text of the Law in state language of the word of "(registrirlenmelidir)", "(registrirlenen)", "(registrirlenmegi)", "(izweseniyede)" to exclude.

3. In the text of the Law of the word "in Item", "in Items", "Item", "railway vehicles of the railroad" to replace respectively with the words "in part", "in parts", "part", "railway rolling stock".

4. State Article 2 in the following edition:

"Article 2. Legislation of Turkmenistan on pledge

1. The legislation of Turkmenistan on pledge is based on the Constitution of Turkmenistan and consists of this Law and other regulatory legal acts of Turkmenistan governing the mortgage relations.

2. If the international treaty of Turkmenistan establishes other rules than provided by this Law, then rules of the international treaty are applied.".

5. The second Article 45 to state part in the following edition:

"2. Pledge of vehicles is subject to obligatory registration in registers which are kept by the authorized bodies performing registration of civil air, ocean and river crafts and other vehicles.".

6. In Article 61 of the word "the subitem of)" shall be replaced with words "the part one Item "g"".

7. To state part one of Article 69 in the following edition:

"1. The acts of state bodies of the power and management, local government bodies violating the mortgage right determined by this Law are recognized invalid according to the legislation of Turkmenistan.".

II. This Law becomes effective from the date of its official publication.

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