This Law establishes the forms of property and ownership, legal and economic grounds in the sphere of property relations, and sets forth terms and conditions of the origin of property rights, ensuring protection and conservation of property. Objects of ownership can be land, subsoil, mining allotment, water resources, air space, forest fund, flora, fauna, and intellectual property.
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Library ResourceLegislationRussia, Turkmenistan, Asia, Central Asia
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Library ResourceLegislationRussia, Turkmenistan, Asia, Central Asia
The right of property in Turkmenistan is recognized and protected, the law ensures inviolability, equal protection and equal conditions for the development of all types and forms of property. Objects of property can be: land, subsoil, water resources, forests, flora and fauna, mining allotments. The following objects pertain to state property: land, industrial complexes of the national economy and state enterprises of agro-industrial complex. The Law consists of 8 Sections that contain 26 articles. Section 1 (arts. 1-7) lays down general provisions. Section 2 (arts.
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