ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of August 25, 2016 No. 458

About entering of amendments and changes into the order of the Government of the Kyrgyz Republic "About approval of the Regulations on privatization of state-owned property sales method at auction" of November 29, 2012 No. 801

For the purpose of increase in efficiency of the order state-owned property, according to article 16 of the Law of the Kyrgyz Republic "About privatization of state-owned property in the Kyrgyz Republic", articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Bring in the order of the Government of the Kyrgyz Republic "About approval of the Regulations on privatization of state-owned property sales method at auction" of November 29, 2012 No. 801 the following amendments and changes:

in Regulations on privatization of state-owned property sales method at the auction approved by the above-stated resolution:

- add Item 6 with the paragraph the twenty fourth the following content:

"-decision making about decrease in originally approved starting price of subject to privatization no more than for 25 percent from the amount of originally approved starting price in case of recognition of results of auction cancelled owing to lack of auction participation applications.";

- state Item 8 in the following edition:

"8. Are offered for auction:

- shares (share in the authorized capital) of economic societies;

- the production and non-productive divisions of the state company constituting efficient complex, as property complex, created as a result of carrying out reorganization (liquidation) the state company;

- other state-owned property concerning which the industry legislation does not establish prohibition on privatization.";

- add Item 12 with the paragraph the thirteenth the following content:

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