Article 4. The subject of regulation of this Law is the Law on State Property

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1. This Law defines the rights and obligations of the state in the field of state property management, establishes the procedure for exercising state property rights, including ownership, use and disposal of state-owned property, the procedure for acquiring and terminating rights to state property, including in the case of nationalization and privatization of property, as well as ownership and (or) its use by individuals and non-governmental legal entities.

2. This Law establishes the procedure for the management of property assigned to state-owned legal entities, shares of joint-stock companies and shares in the authorized capital of limited liability companies owned by the state, and other state property.

3. The specifics of the legal regime of strategic facilities are determined by the Civil Code of the Republic of Kazakhstan, this Law and other laws of the Republic of Kazakhstan.

3-1. The specifics of the state's exercise of rights to dispose of unused property are established by the Law of the Republic of Kazakhstan "On the Defense Industry and the State Defense Order", with the exception of other rights established by this Law.

4. The exercise by the State of rights to budgetary funds and funds of the National Fund of the Republic of Kazakhstan is regulated by the Budget Code of the Republic of Kazakhstan. The concept of state property provided for by this Law applies to the concept of state assets used by the Budget Code of the Republic of Kazakhstan with the features provided for by the Budget Code of the Republic of Kazakhstan.

The specifics of the State's exercise of rights to other property belonging to the State or local treasury are established by the laws of the Republic of Kazakhstan.

5. The exercise by the State of the rights to historical and cultural monuments, cultural values is regulated by the Civil Code of the Republic of Kazakhstan, this Law and other laws of the Republic of Kazakhstan.

6. The exercise by the State of exclusive intellectual property rights is regulated by the Civil Code of the Republic of Kazakhstan and other laws of the Republic of Kazakhstan.

7. The provisions of this Law on national management holdings, national holdings, national companies and other legal entities controlled by the state or national management holdings shall apply to the National Welfare Fund and the National Welfare Fund group, and other legal entities controlled by it, unless otherwise provided by the Law of the Republic of Kazakhstan "On the National Welfare Fund".

7-1. The provisions of this Law apply to autonomous educational organizations, unless otherwise provided by the Law of the Republic of Kazakhstan "On the Status of Nazarbayev University, Nazarbayev Intellectual Schools and Nazarbayev Foundation."

8. The National Bank of the Republic of Kazakhstan, on behalf of the Republic of Kazakhstan, independently exercises the rights of ownership, use and disposal of the property assigned to it on its balance sheet, and manages the property of legal entities established by the National Bank of the Republic of Kazakhstan, as well as regulates their activities.

8-1. The authorized body for regulation, Control and Supervision of the Financial market and Financial Organizations, on behalf of the Republic of Kazakhstan, independently exercises the rights of ownership, use and disposal of the property assigned to it, located on its balance sheet, and adopts legal acts of individual application with respect to the property assigned to it.

9. The provisions of this Law, applicable to joint-stock companies and limited liability partnerships, apply to cases where the State acts as a founder (participant, contributor, shareholder, member) of legal entities registered in accordance with the applicable law of the Astana International Financial Center, including regarding the acquisition by the state of property rights to shares (shares of participation in the authorized capital), unless the acts of the Astana International Financial Center provide for the possibility of establishing a different procedure between the participants (shareholders) of legal entities.

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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