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of December 6, 1990 No. 184

About lease

(as amended on 09-12-2004)

The law of RT "About Lease of B PT" adopted on December 6, 1990 consists of 2 Sections and 33 Articles. In the law the purpose and tasks of lease are determined, it is given concepts of lessees, lessors and the lease agreement, and also terms and procedure for the redemption of leased property. Separately are considered procedure for lease of the company and management by it. Also problems of individual and group lease and intraeconomic lease contract are settled.

Section I. Lease. The general provision about lease

Article 1. Lease

Lease will be organized for the purpose of increase in production, performance improvement of work and on this basis of improvement of the life of people. Lease represents the urgent paid ownership based on the agreement and use of the earth, other natural resources, the companies (associations) and other property complexes, and also the property necessary for the lessee for independent implementation of economic or other activity.

Article 2. Legislation on lease

The rent relations in the Republic of Tajikistan are governed by this Law and other legal acts of the Republic of Tajikistan.

Article 3. Sphere and objects of lease

Lease is allowed in all industries of the national economy and can be applied to property of all forms and types of property. Can be leased:

a) earth and other natural resources;

b) companies (consolidation), organization, structural units of associations, productions, shops, other divisions of the companies and organizations as single property complexes of business assets and other values;

c) certain buildings, constructions, equipment, vehicles, stock, tool, other material values.

Vida (group) of the companies (associations), the organizations, and property types which delivery in lease is not allowed are established by the Law of the Republic of Tajikistan.

Article 4. Lessors

The right of property leasing belongs to the owner, including foreign legal entities and physical persons. Concerning state-owned property this right is performed by bodies for management of state-owned property and public authorities on places depending on property type. The state companies, cooperative, public and other organizations have the right to lease the property complexes, certain buildings, constructions, the equipment and other material values which are under their complete economic authority or operational management with the obligatory notification of the owner;. The earth and other natural resources are leased by the relevant Majlises of People's Deputies, including on competitive basis. The kolkhozes, sovkhozes and other agricultural enterprises received for use of the earth can independently lease.

Article 5. Lessees

Legal entities and citizens of the Republic of Tajikistan, joint businesses, international associations and the organizations with participation of domestic and foreign legal entities, and also foreign states, the international organizations, foreign legal entities and physical persons can be lessees.


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