Presidential Decree No. 5835 improving the procedure for using state property.

This Presidential Decree is aimed at improving the regulation of state property management. Its primary objective is to enhance the efficiency and effectiveness of state property management. The document references previous legal frameworks. The broader legal context involves the need for updated regulations that align with current economic and financial practices in the country. The Presidential Decree mandates the Ministry of Economy and Finance, in collaboration with the Ministry of Justice, to prepare proposals for amendments and additions to existing laws that arise from this Decree. It emphasizes the need to align sectoral regulatory legal acts with the new provisions established by this decree. Additionally, it specifies that applications for state property leasing, purchasing, or other transactions should be exempt from state duty payments, thereby streamlining the process for stakeholders involved in state property transactions. The implementation of the decree is overseen by the Deputy Prime Minister and local governors, who are tasked with ensuring compliance and monitoring the execution of the decree's provisions. The document highlights the importance of procedural oversight and the need for coordination among various governmental bodies to facilitate the effective management of state property. It also indicates that the previous regulations regarding state property leasing and management are now invalidated, marking a significant shift in the legal landscape governing state property in the country.