Article 154. The right of the State to seize and redistribute property transferred to the operational management of a State-owned enterprise The Law on State Property
1. The authorized body for state property, in coordination with the authorized body of the relevant industry or the local executive body, or in coordination with the meeting of the local community, the office of the akim of a city of district significance, village, settlement, rural district, has the right to seize property assigned to a state-owned enterprise or redistribute it among other legal entities created by it, unless otherwise established by the laws of the Republic of Kazakhstan.
2. In a decision on the seizure of property under the right of operational management, the authorized body for state property or the local executive body or the office of the akim of a city of district significance, village, settlement, rural district has the right to set the terms of maintenance and security of the seized property for a state-owned enterprise before it is transferred to another person.
The Law of the Republic of Kazakhstan dated March 1, 2011 No. 413-IV.
This Law defines the legal regime of state property, the legal basis for the management of State property, including property assigned to State-owned legal entities, and state-owned shares and stakes in the authorized capital of legal entities, the legal grounds for the acquisition and termination of rights to state property, and is aimed at ensuring the effective exercise by the State of the rights of the owner and holder of other rights. on state property.
President
Republic of Kazakhstan
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