Article 128. Acquisition and termination of the right of economic management and the right of operational management The Law on State Property
1. The acquisition and termination of the right of economic management and the right of operational management shall be carried out on the terms and in accordance with the procedure provided for by the Civil Code of the Republic of Kazakhstan for the acquisition and termination of property rights and other property rights, unless otherwise provided for in this article or does not contradict the nature of this property right.
2. The right of economic management or the right of operational management of property, in respect of which the owner has decided to assign it to an already established state legal entity, arises for this state legal entity at the time of securing the property on its balance sheet, unless otherwise established by the legislation of the Republic of Kazakhstan or the decision of the owner.
3. Fruits, products and income from the use of property under economic management (operational management), as well as property acquired by a state legal entity under contracts or other grounds, are transferred to the economic management (operational management) of a state legal entity in accordance with the procedure established by the legislation of the Republic of Kazakhstan for the acquisition of ownership rights.
4. The right of economic management (operational management) of property is terminated on the grounds and in accordance with the procedure provided for in Article 249 of the Civil Code of the Republic of Kazakhstan for the termination of ownership rights, as well as in cases provided for in Articles 144, 154, 162 of this Law.
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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