Article 21. Inadmissibility of nationalization and requisition of property of a private enterprise

On private enterprise (558-II-son) · Date: 11.12.2003 · In force

The property of a private enterprise is not subject to nationalization, with the exception of cases provided by law.

The property is a private enterprise not subject to requisition, for the exception of the cases of natural disasters, accidents, epidemics, epizootics and other circumstances bearing extraordinary character with a payment to the owner of the private enterprises compensation equivalent to the market value of requisitioned property.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4608601

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Cite as: Article 21. Inadmissibility of nationalization and requisition of property of a private enterprise On private enterprise (558-II-son). neolex.uz/en/laws/law-53152/21 (lex.uz/docs/4608601)