Article 8. Types of State monitoring of Property of the Law on State Monitoring of Property in Sectors of the Economy of Strategic Importance

Home / RLA / Article 8. Types of State monitoring of Property of the Law on State Monitoring of Property in Sectors of the Economy of Strategic Importance

The types of state monitoring of property are:

1) monitoring of ownership forms in sectors of the economy of strategic importance.

The monitoring of ownership forms is aimed at determining the ratio of private and state ownership of the Republic of Kazakhstan and the ownership of foreign citizens and (or) legal entities, organizational and legal forms of legal entities in sectors of the economy of strategic importance.;

2) monitoring the effectiveness of management of state-owned facilities in sectors of the economy of strategic importance.

Monitoring the effectiveness of the management of state-owned facilities is based on the use of the powers of the state as a subject of property rights and is aimed at improving the efficiency of the public sector in sectors of the economy of strategic importance.;

3) monitoring the effectiveness of the management of private property in sectors of the economy of strategic importance.

The effectiveness of the management of private property is monitored in order to ensure the economic security of the state, preserve and strengthen industrial potential, and develop productive forces.

The Law of the Republic of Kazakhstan dated November 4, 2003 No. 490.

This Law regulates public relations arising in the process of state monitoring of property in sectors of the economy of strategic importance, and also defines the grounds and conditions for its implementation.

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