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Home / RLA / Article 11. Subsoil Ownership Code on Subsoil and Subsoil Use of the Republic of Kazakhstan Code on Subsoil and Subsoil Use Republic of Kazakhstan

Article 11. Subsoil Ownership Code on Subsoil and Subsoil Use of the Republic of Kazakhstan Code on Subsoil and Subsoil Use Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 11. Subsoil Ownership Code on Subsoil and Subsoil Use of the Republic of Kazakhstan Code on Subsoil and Subsoil Use Republic of Kazakhstan  

     1. In accordance with the Constitution of the Republic of Kazakhstan, the subsoil belongs to the people of Kazakhstan. On behalf of the people of Kazakhstan, the right of ownership is exercised by the State. At the same time, the exercise of the right of ownership by the State is implemented through the state ownership regime in the interests of the people of Kazakhstan.

     2. The State grants the subsoil for use on the grounds, conditions and within the limits provided for by this Code.

     3. Actions of individuals and legal entities violating the right of state ownership of mineral resources entail liability provided for by the laws of the Republic of Kazakhstan. Transactions concluded in violation of state ownership of mineral resources are void.

     The footnote. Article 11 as amended by the Law of the Republic of Kazakhstan dated 05.11.2022 No. 157-VII (effective ten calendar days after the date of its first official publication).

 

 

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Republic of Kazakhstan     

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