Concessions Act. Country/Territory Bulgaria Document type Legislation Date 1995 (1999) Source FAO, FAOLEX Subject Fisheries, Forestry, Water, Wild species & ecosystems Keyword Continental shelf Concession Mariculture Contract/agreement Aquaculture Public forest Public water Water supply Protected area Geographical area Eastern Europe, Europe, European Union Countries Abstract "Concession" under this Act shall mean the granted special right to use objects which are public state property, as well as the granted permission to carry out activities for which a state monopoly is established by law. Concessions shall be granted for periods up to 35 years. The term of a concession may be extended but the overall term may not exceed 50 years. Concessions may be granted for objects such as: the waterfront beach strip, biological, mineral and energy resources of the continental Full text English