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Law on investment activities (1992).

Country/Territory
Turkmenistan
Document type
Legislation
Date
1992
Source
FAO, FAOLEX
Subject
Land & soil, Mineral resources, General
Keyword
Framework law Agricultural land Land tenure Ownership Land valuation Exploration Minerals Management/conservation
Geographical area
Asia, Caspian Sea, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia
Entry into force notes
Entry into force from the date of its official publication.
Abstract

The present Law defines legal, economic and social conditions of investment activities on the territory of Turkmenistan. It aims at ensuring equal protection of rights, interests and assets of a subject of investment activities regardless of property forms. Investments mean all kinds of property and intellectual values invested into the objects of entrepreneurial activities resulting in generating profit or obtaining social benefit. Such values may be the rights of land and other natural resources use, and other property rights. The document consists of IV Chapters that contain 22 Articles. Chapter I (arts. 1-5) lays down general provisions. Chapter II (Arts.6-9) regards realization of investment activities. Chapter III (Arts.10-18) deals with governmental regulation and management of investment activities. Chapter IV (Arts.19-22) establishes guarantees of rights and protection of investments.

Full text
English

References - Legislation

Amended by

Law on amendments and addenda to the Law on investment activities (1993).

Legislation | Turkmenistan | 1993

Keyword: Agricultural land, Land tenure, Ownership, Land valuation, Exploration, Minerals, Management/conservation

Source: FAO, FAOLEX

Repealed by

Law "On external economic activity".

Legislation | Turkmenistan | 2014

Keyword: Tourism, Certification, International trade

Source: FAO, FAOLEX