Sub-Decree No: 129 ANKr.BK on Rules and Procedures on Reclassification of State Public Properties and Public Entities.

This Sub-Decree No 118 ANK/BK provides for the rules and procedures for the reclassification, management, and disposition of state public and private properties. Its primary purpose is to establish legal principles and administrative mechanisms for inventorying, leasing, selling, and exchanging state assets, ensuring transparency, accountability, and alignment with national development goals. It also aims to regulate the transition of public properties that no longer serve public interest into private state assets.
Key provisions include the classification of state property into public and private categories, with only private property eligible for sale or exchange. The Sub-Decree mandates detailed inventory procedures, valuation commissions, and bidding or negotiation processes for leasing and selling. It sets strict conditions for leasing public property, including usage preservation and time limits. The Sub-Decree also outlines transitional rules for reclassifying public assets and assigns responsibilities to various government bodies, particularly the Ministry of Economy and Finance, for oversight and enforcement.