of April 6, 1999 No. 4143
About creation of the State fund of development of Ashgabat
For the purpose of complex development of Ashgabat I decide:
1. Create the State fund of development of Ashgabat and form Council of Fund.
2. Approve enclosed:
structure of Council of the State fund of development of Ashgabat;
Regulations on the State fund of development of Ashgabat.
3. Determine that all means of the State fund of development of Ashgabat are created and used in strict accordance with Regulations on Fonda.
4. And finance of Turkmenistan to open for the Ministry of Economics currency and manatny special accounts of the State fund of development of Ashgabat in treasurer department.
5. To provide to the Ministry of Justice of Turkmenistan to the Cabinet of Ministers of Turkmenistan offers on entering into the existing legal acts of Turkmenistan of the changes following from this resolution.
President of Turkmenistan
Approved by the resolution of the President of Turkmenistan of April 6, 1999, No. 4143
Saparmurat is the President of Turkmenistan Turkmenbashi (the chairman Fonda)
Redzhepov B - Vice-chairman of the Cabinet of Ministers of Turkmenistan, hyaky Ashgabat (chief executive Fondazamestitel of the chairman of Fund)
Kandymov S - Vice-chairman of the Cabinet of Ministers of Turkmenistan, Chairman of the board of the Central bank of Turkmenistan.
Approved by the resolution of the President of Turkmenistan of April 6, 1999 No. 4143
1. This Provision establishes procedure for forming and use of means of the State fund of development of Ashgabat (the Fund is referred to as).
2. The fund is intended for ensuring complex social and economic development of Ashgabat, financial resources of Fund are additional source of its financing, in addition to means Centralized and local budgets.
3. Financial resources of Fund are created for the account:
assignments of the companies and the organizations of all patterns of ownership located in the territory of the city for pollution of the adjacent territories and creation of inconveniences to residents of Ashgabat when conducting construction and repair work;
target charges on improvement of the territories, content and repair of city engineering communications, roads, streets from the population, the companies and the organizations of all patterns of ownership located in the territory of Ashgabat;
the means arriving from realization in accordance with the established procedure of the dwelling stock belonging to hyakimlik of Ashgabat;
the means arriving from equity of legal entities including foreign, in construction of facilities of different function;
the rent for provision in lease of residential and non-residential premises, booths;
payments of the companies, organizations and organizations for use of natural resources, the allowed emissions, dumpings and placement of waste in the territory of the city, and also for compensation of damage;
penalties for violation of regulations of improvement, ecology and architecture;
collection for confirmation of legal address of the companies of all patterns of ownership with participation of foreign investors;
collection for use of the urban area in the advertizing purposes;
means from issue of permission to accomplishment of advertizing works;
means from rendering consulting services for firms and the companies;
means from issue of temporary permission to exit trade and trade with use of show-windows refrigerators;
means from rendering services in housing questions;
assignments (manatny and currency) from the income created at the expense of part of profit, being at the command the self-supporting companies and the organizations subordinated to hyakimlik of Ashgabat including joint;
voluntary contributions of the companies, organizations, organizations and citizens, and also foreign legal entities and physical persons;
the target funds allocated according to the decision of the President of Turkmenistan and the Cabinet of Ministers of Turkmenistan;
other sources which are not forbidden by the legislation of Turkmenistan.
4. The fund performs the following functions:
participates in development of comprehensive programs of development of infrastructure of the city, performs financing of investing programs;
provides constant control behind financial condition of divisions subordinated to hyakimlik and accomplishment of programs of their development, constitutes the summary report on condition of financial and economic activities of hyakimlik;
performs classification of programs for degree of their priority, sources and stages of financing and constitutes the general financial scheme on Fund.
5. Fund is allocated for financing of comprehensive programs of development of infrastructure of the city, including on:
construction and reconstruction of social facilities, engineering networks and communications;
construction, reconstruction, repair and content of highways, streets and squares;
capital repairs of dwelling stock of the city, social facilities;
acquisition of the equipment, advanced technologies, equipment, spare parts, raw materials and materials;
repayment of the credits directed to financing of projects of Fund, accounts payable of the companies, organizations and organizations subordinated to hyakimlik under earlier signed contracts and agreements;
financing of research and project works;
financing of social programs and actions.
6. Fund is considered in the income and expenses of the Government budget of Turkmenistan.
7. For management of fund Council which structure affirms the President of Turkmenistan is created.
8. The expenditure of means is performed based on the decisions of Council and the estimate approved by the President of Turkmenistan.
9. Executive body of Fund is the device of hyakimlik of Ashgabat.
10. Fonda directs the current activities the chief executive who is appointed and exempted by the President of Turkmenistan.
11. Fund is not subject to withdrawal and is used on the purposes provided by this Provision.
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