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Law on foreign concessions (1993).

País/Territorio
Turkmenistán
Tipo de documento
Legislación
Fecha
1993
Fuente
FAO, FAOLEX
Materia
Tierra y suelos, Recursos minerales, Agua
Palabra clave
Concesión Propiedad de extranjeros Exploración Aguas superficiales Derechos de agua
Área geográphica
Asia, Mar Caspio, Asia Central, CEI (Comunidad de Estados Independientes), Europa y Central Asia, Naciones en desarrollo sin litoral, Asia del Norte
Entry into force notes
The Law enters into force from the date of its official publication.
Resumen

The present Law shall define organizational, economic and legal terms and conditions of foreign concessions in Turkmenistan. A concession shall provide for the right given by the state to a foreign legal entity or a natural person – a concessionaire – to use plots of land, natural resources, enterprises and other assets on the basis of an agreement for a specified period of time and in return for a payment. Concession activity in Turkmenistan is carried out in accordance with the following principles: rational use of natural resources, ensuring ecological, sanitary and hygienic safety. The objects of concession shall be: a) plots of land and territories with their natural resources; b) water surfaces with their natural resources; c) single deposits of natural resources; d) industrial objects intended for exploration, development, production or exploitation of natural resources. The Law consists of 3 Sections that contain 20 articles. Section 1 (arts. 1-6) lays down general provisions. Section 2 (arts. 7-14) regards the establishment and activity of concession enterprises. Section 3 (arts. 15-20) deals with regulation of concession relations.

Texto completo
Inglés