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The document ceased to be valid since  January 23, 2021 according to the Law of the Republic of Uzbekistan of January 22, 2021 No. ZRU-669

LAW OF THE REPUBLIC OF UZBEKISTAN

of August 30, 1995 No. 110-1

About concessions

(as amended on 29-01-2021)

I. General provisions

Article 1. Concepts of concession

Concession represents the permission issued on behalf of the state to the foreign investor on implementation of certain type of the economic activity connected with provision to it property, land areas and subsoil on the basis of the conclusion of the concession treaty.

Article 2. Legislative regulation of concessionary activities

The legal relationship arising in the course of concessionary activities are regulated by this Law and other legal acts of the Republic of Uzbekistan.

The legal relationship arising in the course of concessionary activities in the Republic of Karakalpakstan are regulated also by the legislation of the Republic of Karakalpakstan.

Article 3. Basis of concessionary activities

Concessionary activities in the Republic of Uzbekistan are performed on basis:

mutual benefit;

competitive, auction approach to the choice of concessionaries;

non-interference to the economic activity of the concessionary performed according to the current legislation of the Republic of Uzbekistan;

observance of the legislation existing in the Republic of Uzbekistan in the field of labor protection, environmental management and environmental protection, ecological and sanitary and hygienic safety;

ensuring product output, to conforming standards and regulating documents existing in the Republic of Uzbekistan if other is not provided by international treaties or agreements with participation of the Republic of Uzbekistan.

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