Article 39. Guarantees and protection of privatized state property

On the privatization of state property (907-son) · Date: 14.02.2024 · In force

Private property acquired in the process of privatization is inviolable.

The owner may not be deprived of his property except in the cases and in accordance with the procedure provided for by law and on the basis of a court decision.

The property of a natural person and a legal entity, which has been converted into state property on the basis of a judgement, court decision (resolution) or voluntarily transferred, may not be returned in kind, if the court restores the rights of the former owners, which has been privatized in accordance with the provisions of this Law, and the market value of this property shall be covered by the resources of the fund obtained from the sale of another state 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/6912664

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Cite as: Article 39. Guarantees and protection of privatized state property On the privatization of state property (907-son). neolex.uz/en/laws/law-6800650/39 (lex.uz/docs/6912664)