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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of February 17, 2017 No. 111

About creation of the state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic

(as amended on 01-04-2021)

For the purpose of preserving and further use of the property seized in state-owned property, and also other state-owned property, according to Article 87 of the Civil code of the Kyrgyz Republic, articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Create the state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic.

2. Approve the Charter of the state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic according to appendix.

3. Ceased to be valid according to the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128

4. This resolution becomes effective after ten days from the date of official publication.

Prime Minister

S. Zheenbekov

Appendix

The charter of the state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic

1. General provisions

1. This Charter regulates activities of the state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic (further - the Company).

2. Founder of the Company is the Government of the Kyrgyz Republic.

3. The company functions under the authority of Fund for management of state-owned property under the Government of the Kyrgyz Republic (further - Fund).

4. Full name of the Company:

- in state language: "Kyrgyz Respublikasynyn Okmotuno to karashtu Mamlekettik to mulkt to bashkaru of boyunch fondunun aldyndaga "Objektilerdi to direktsiyasa bashkaru" mamlekettik ishkanasa";

- in official language: "The state company "Directorate on Management of Objects" under Fund for management of state-owned property under the Government of the Kyrgyz Republic".

5. Company location: 720001, Kyrgyz Republic, Bishkek, Ulitsa Umetaliyeva, 41.

6. The company performs the activities according to the legislation of the Kyrgyz Republic and this Charter.

7. The company is the legal entity acting in form of business of the state company founded on the right of economic maintaining has the isolated property and performs the activities on the basis of complete cost accounting.

8. The company has seal with the name in the state and official languages, stamps, forms and other means of visual individualization.

9. The company has separate balance, the settlement account and other accounts in financial credit institutes.

2. Purposes, tasks and functions of the Company

10. Main objective of activities of the Company is generation of profit and replenishment of the government budget based on the confiscated objects which passed into state-owned property with decisions of the courts and also other state-owned property.

Tasks of the Company are:

- implementation of business activity;

- sales of products and goods;

- tendering, detection of demand and offers on the goods put up for sale;

- carrying out public procurements and participation in them in the procedure established by the legislation of the Kyrgyz Republic;

- attraction of direct investments for the solution of functional tasks;

- implementation of other business activity within the legislation.

11. Functions of the Company:

- organization of trade business activity;

- leasing of floor spaces;

- organization of points of public catering and consumer services of the population;

- rendering services in provision of car parks, left-luggage offices, refrigeration equipment, storage facilities;

- rendering consulting, marketing, promotion and information services;

- rendering services of economic, technological nature.

The company has the right to be engaged in other types of the business activity which is not forbidden by the legislation of the Kyrgyz Republic.

3. Rights and obligations of the Company

12. The company for implementation of the tasks has the right:

- have the isolated property, acquire on its own behalf the property and personal non-property rights, obligations and to bear responsibility, to be claimant and the defendant in courts;

- in accordance with the established procedure to sign contracts, to make clearing and cash settlements with legal entities and physical persons according to the purpose and tasks of the Company;

- establish in accordance with the established procedure the branches and representations necessary for activities implementation, according to the Charter;

- perform foreign economic activity according to the legislation of the Kyrgyz Republic;

- own, use and dispose of real and personal estate according to the legislation of the Kyrgyz Republic and this Charter;

- in accordance with the established procedure to approve the prices of the rendered services;

- in accordance with the established procedure to attract citizens to performance of works at the Company based on employment contracts, terminal employment contracts, works agreements, other civil agreements.

13. The company shall:

- take measures for ensuring safety of the state-owned property which is under economic authority of the Company;

- to manage and profit effectively from use of the state-owned property which is under economic authority of the Company;

- provide safe working conditions for employees of the Company and bear responsibility in accordance with the established procedure for the damage caused to their health and working capacity;

- to timely fulfill obligations on payments in the budget and to other obligatory payments, stipulated by the legislation the Kyrgyz Republic;

- at the scheduled time to submit in Fund quarterly and annual performance reports of the budget and results of financial and economic activities.

14. The company can have also others, the rights which are not provided by this Charter and obligations if it does not contradict the legislation of the Kyrgyz Republic and this Charter.

4. Enterprise management

15. Enterprise management is exercised by the director appointed to position and dismissed by the Prime Minister of the Kyrgyz Republic on representation of the chairman of Fund.

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