Article 97. Privatization of the enterprise as a property complex The Law on State Property

Home / RLA / Article 97. Privatization of the enterprise as a property complex The Law on State Property

1. The rules of paragraph 6 of Chapter 25 of the Civil Code of the Republic of Kazakhstan shall apply to the privatization of an enterprise as a property complex, taking into account the specifics provided for in paragraph 2 of this Article and articles 93, 95, 96, 99 - 101, 103, 107 - 112 this Law.

2. The structure of the enterprise, as a property complex subject to privatization, does not include the material assets of the state material reserve stored on it.

3. The structure of an enterprise as a property complex may include objects of socio-cultural and communal purposes.

4. The buyer becomes the legal successor of the civil rights and obligations of the privatized enterprise as a property complex, unless otherwise provided by this Law and the contract of sale.

5. If a state-owned enterprise as a property complex is not realized based on the results of three auctions, this state-owned enterprise is subject to reorganization through merger or merger or is subject to liquidation. - Excluded by the Law of the Republic of Kazakhstan dated June 24, 2025 No. 196-VIII SAM

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

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases