Law of the Kyrgyz SSR on lease and lease relations.

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English

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LEX-FAOC016806

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1

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" Lease is timely compensable contract based possession and use of land, other natural resources, enterprises (associations) and other property complexes and other property necessary to a lessee for independent performance of economic and other activity". Lease is allowed in all branches of economy and may apply to property of all types and forms of ownership (art. 3). Article 4 spells out the rights of owners of properties to lease, whereas article 5 allows legal entities and individuals of the Kyrgyz Republic, joint ventures, international organizations and associations, foreign countries, foreign legal entities and individuals to act as lessees. Article 7 makes provision with respect to the contents of a lease contract.

Implemented by: Resolution of the Supreme Soviet of the Kyrgyz SSR on the procedure for effectuation of the Law of the Kyrgyz SSR on lease and lease relationships. (1990-04-14)

Legislation