Article 90. Termination of rights to State property obtained as a result of confiscation, or property (assets) converted (converted) into state revenue The Law on State Property
The cancellation (amendment in the relevant part) by a court of an act on the basis of which property was confiscated into State ownership or converted into State income is the basis for the termination of the State's property rights to the confiscated property or property (assets) converted (converted) into State income.
The return of confiscated property or reimbursement of its value shall be carried out in accordance with the rules of paragraph 5 of Article 213 of this Law, and property and assets transferred to the management or ownership of the management company – in accordance with the legislation of the Republic of Kazakhstan on the return of illegally acquired assets to the state.
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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