LAW OF TURKMENISTAN

of August 18, 2015 No. 276-V

About introduction of amendments to the Law of Turkmenistan "About shared-equity construction of apartment houses and other real estate objects"

I. Bring in the Law of Turkmenistan of March 31, 2012 "About shared-equity construction of apartment houses and other real estate objects" (Sheets of Majlis of Turkmenistan, 2012, No. 1, Art. 40; 2014, No. 2, Art. 84, No. 4, Art. 148) following changes:

1. To state Item 5 of Article 1 in the following edition:

"5) apartment houses – the single-family apartment houses entering housing complex, and the apartment houses consisting of two and more apartments and also the subjects to welfare, administrative, household and trade assignment which are in these apartment houses, under construction due to attraction of money of shareholders;".

2. To state Item 1 of Article 4 in the following edition:

"1) apartments and single-family apartment houses (further - the apartment;".

3. In the first offer of part one and in part five of Article 14 of the word of "ten working days" shall be replaced with words "thirty calendar days".

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

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