This Law establishes the forms of property and ownership, legal and economic grounds in the sphere of property relations, and sets forth terms and conditions of the origin of property rights, ensuring protection and conservation of property. Objects of ownership can be land, subsoil, mining allotment, water resources, air space, forest fund, flora, fauna, and intellectual property. Property shall be classified by ownership in the following forms: (a) private; (b) public; (c) property of social associations; (d) property of cooperatives; (e) property of joint-ventures; (f) mixed property; (g) foreign property; and (h) property of international organizations.
Repeals: Law on property. (1993-10-01)
Authors and Publishers
Monica Simone (CONSLEG)
Present-day Turkmenistan covers territory that has been at the crossroads of civilizations for centuries. The area was ruled in antiquity by various Persian empires, and was conquered by Alexander the Great, Muslim armies, the Mongols, Turkic warriors, and eventually the Russians. In medieval times, Merv (located in present-day Mary province) was one of the great cities of the Islamic world and an important stop on the Silk Road. Annexed by Russia in the late 1800s, Turkmenistan later figured prominently in the anti-Bolshevik movement in Central Asia.
Data provider
FAO Legal Office (FAOLEX)
The FAO Legal Office provides in-house counsel in accordance with the Basic Texts of the Organization, gives legal advisory services to FAO members, assists in the formulation of