Article 162. The right of the State to seize and redistribute property transferred to the operational management of a State institution of the Law on State Property
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 institution or redistribute it among other state legal entities, unless otherwise established by the legislation of the Republic of Kazakhstan.
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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