Article 19. Methods of privatization of state-owned property and the procedure for their selection

The privatization of state-owned property, with the exception of cases provided for by this Law and other laws, shall be carried out using the following methods:

auction;

competitive bidding;

a public invitation to negotiations;

competitive dialogue;

stock trading;

contributing a state institution as a property complex to the charter fund (authorized capital) of a business society as a state share;

the introduction of state shares and state real estate objects as a state share in the authorized capital (authorized capital) a business company;

leasing a state institution with the condition of subsequent privatization.

The choice of the method of privatization of state-owned property is carried out by the Authorized government body or its territorial administrations, including on the basis of the recommendation of an engaged professional consultant.

The selection of the method of privatization of state property shall be carried out taking into account the specific (individual, sectoral, territorial, and other) characteristics, financial-economic indicators of the state real estate object, state institution, or business societ.

The Authorized government body or its territorial administrations shall have the right to make appropriate changes and (or) additions to change the method of privatization of state-owned property in the Roadmap of Privatization of State-Owned Property.

In privatization of state-owned property, one or more methods of privatizing state-owned property provided for by this Law may be used.