Article 29. Acquisition of the right of State ownership of the treasure of the Law on State Property
1. Unless otherwise established by this article, a treasure found on a land plot or in other immovable property owned by the state, in accordance with paragraph 1 of Article 247 of the Civil Code of the Republic of Kazakhstan, becomes the property of the state and the person who discovered the treasure in equal shares, since the agreement between them does not establish otherwise.
2. Relations related to the discovery of a treasure containing items related to cultural values are regulated by the legislation of the Republic of Kazakhstan on the protection and use of historical and cultural heritage sites.
The footnote. Article 29 as amended by the Law of the Republic of Kazakhstan dated December 26, 2019 No. 289-VI (effective ten calendar days after the date of its first official publication).
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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