Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of September 6, 1997 No. 629

About measures for effective use of the state-owned property leased

(as amended on 29-01-2021)

For the purpose of ensuring effective use of state-owned property and enhancement of the mechanism of its transfer to lease I decide:

1. On behalf of the state in the territory of the Azerbaijan Republic (except for the case determined by the President of the Azerbaijan Republic, and also the parcels of land, buildings and non-residential sites which are in state-owned property and intended for industrial or technological parks) to transfer the provision right to lease of the state real estate to the manager of state-owned property - to the State committee on property questions of the Azerbaijan Republic. Transfer to lease of immovable historical and cultural monuments of republican and local value or their separate parts (except for archaeological monuments) for the purposes, the stipulated in Clause 19 Laws of the Azerbaijan Republic "About protection of historical and cultural monuments" is performed with the permission of the Ministry of Culture of the Azerbaijan Republic, in the territory of subordinated national parks - the State agency on tourism of the Azerbaijan Republic, in the territory of the National historical and architectural park "Icheri Sheher" and the National historical and ethnographic park "Gala" - Managements of the National historical and architectural park "Icheri Sheher".

In the contracts for lease of real state-owned property signed about day of signing of this Decree by the legal heir of lessors to consider the State committee on property questions. Transfer to lease and to use of other property which is state-owned property and the personal estate belonging to joint-stock companies on which the decision on preserving their shares completely or the controlling stake in state-owned property is made is performed only with the consent of the State committee on property questions of the Azerbaijan Republic.

Determine that in the companies and the organizations financed from the government budget there are 100 percent of the payment received from leasing of real estate, except for the case determined by the President of the Azerbaijan Republic, and in the companies and the organizations acting on the basis of the commercial principles, 50 percent are transferred into the government budget, and the rest remains at their order.

Leasing of the real estate belonging to joint-stock companies on which the decision on preserving their shares completely or the controlling stake in state-owned property is made except for of the case determined by the President of the Azerbaijan Republic is performed by the State committee on property questions of the Azerbaijan Republic and part of the rent received from leasing of this property, pro rata to the state share is transferred to the government budget.

2. To the state committee on property questions of the Azerbaijan Republic:

- analyse the signed contracts on transfer to lease of state-owned property and take adequate measures on liquidation of the provisions contradicting the existing legislation;

- according to requirements of the Law of the Azerbaijan Republic "About lease" anew to review the lease amount with participation of lessees and to perform necessary measures for timely contribution to the relevant budgets of the hire charge;

- according to the existing legislation to provide privatization of the leased and inefficiently used state-owned property.

3. To the Cabinet of Ministers of the Azerbaijan Republic to resolve the issues following from this Decree.

4. This decree becomes effective from the date of its signing.

President of the Azerbaijan Republic

Heydar Aliyev

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.