Document from CIS Legislation database © 2003-2020 SojuzPravoInform LLC

RESOLUTION OF JOGORKU KENESH OF THE KYRGYZ REPUBLIC

of June 29, 2015 No. 5408-V

About approval of the Privatization program of state-owned property in the Kyrgyz Republic for 2015-2017

(as amended on 20-04-2017)

According to the Law of the Kyrgyz Republic "About privatization of state-owned property in the Kyrgyz Republic" the Jogorku Kenesh of the Kyrgyz Republic decides:

1. Approve the Privatization program of state-owned property in the Kyrgyz Republic for 2015-2017 according to appendix.

2. To the government of the Kyrgyz Republic after effective period of the above-stated Program to submit the report on results of its accomplishment for consideration of Jogorku Kenesh of the Kyrgyz Republic.

3. Declare invalid appendix Item 29 2 resolutions of Jogorku Kenesh of the Kyrgyz Republic "About approval of the Program for effective management and the order of the nationalized objects" of July 8, 2011 No. 941-V.

4. Bring in the resolution of Jogorku Kenesh of the Kyrgyz Republic "About suspension of privatization of the separate nationalized objects" of February 12, 2014 No. 3816-V the following change:

in Item 1 of the word "49 percent of shares of Alfa telecom Ltd to exclude.

5. To impose control of execution of this resolution on Committee of Jogorku Kenesh of the Kyrgyz Republic on economic and fiscal policy (Samakov K. S.).

Deputy Toraga

T. Zulpukarov

Appendix

to the Resolution of Jogorku Kenesh of the Kyrgyz Republic of June 29, 2015 No. 5408-V

The privatization program of state-owned property in the Kyrgyz Republic for 2015-2017

1. The purposes and tasks of state policy of privatization of state-owned property for 2015-2017

1. Main objectives of policy of privatization of state-owned property for 2015-2017 in the Kyrgyz Republic are:

- optimization of structure of state-owned property;

- investment attraction in public sector of economy;

- increase in efficiency of activities of the companies of public sector of economy.

2. In the forthcoming period of the politician in the field of privatization of state-owned property it will be directed to the solution of the following tasks:

- enhancement of regulatory framework of privatization and assessment of state-owned property;

- implementation of practice of tendering on privatization of state-owned property in electronic format;

- restructuring of non-core assets of the state organizations;

- implementation of the principles of corporate management in activities of the state companies by their transformation to economic societies.

2. Methods and conditions of privatization

3. Treat methods of privatization:

- sale at auction;

- sale at tender;

- transfer to management with the subsequent redemption;

- transfer to lease with the subsequent redemption;

- introduction as contribution to the authorized capital of economic societies;

- placement and sale of shares on the stock exchange;

- method of direct sale.

In exceptional cases, in case of impossibility of sale of object at least 3 times any of the listed methods, can be applied method of direct sale.

The choice of method of privatization is performed by authorized state body on management of state-owned property depending on subject to privatization.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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 40000 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.