Law on foreign concessions (1993). Pays/Territoire Turkménistan Type du document Législation Date 1993 Source FAO, FAOLEX Sujet Terre et sols, Ressources minérales, Eau Mot clé Concession Propriété étrangère Exploration Eaux superficielles Droits d'utilisation de l'eau Aire géographique Asie, Mer Caspienne, Asie Centrale, CEI (Communauté des États indépendants), Europe et Asie Centrale, Nations en développement sans littoral, Asie du Nord Entry into force notes The Law enters into force from the date of its official publication. Résumé 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. Texte intégral Anglais