Cabinet of Ministers Regulation No. 901 validating the Regulation on competent institutions and actions with property belonging to the state.

This Regulation outlines the rules governing the management of state-owned property, specifically focusing on the responsibilities of competent institutions regarding the acquisition, storage, accounting, realization, free transfer, destruction, and revenue allocation from state property. It emphasizes the importance of compliance with normative acts, including environmental protection requirements. The document specifies that institutions must account for state property based on received decisions and maintain records in an off balance sheet system unless discrepancies arise during the transfer process. Additionally, it outlines the process for the free transfer of movable state property, including items of scientific, technical, literary, artistic, or historical value, to relevant state or municipal institutions, and establishes procedures for the destruction of certain types of movable property, such as alcoholic beverages and tobacco products. The implementation plan requires institutions to ensure the storage of state property until its realization, transfer, or destruction, potentially through service contracts. The document also emphasizes the need for proper documentation, such as acceptance and transfer acts, and outlines the allocation of revenue from the realization of state property to the state or municipal budget, depending on the managing institution.