THE LAW OF THE KYRGYZ REPUBLIC
On Agreements on Sharing of Produvtion
Resulting from Development of Mineral Resources
Adopted by the Legislative Assembly
of the Jogorku Kenesh of the Kyrgyz Republic March 11, 2002
This Law is purposed to establish legal grounds for relationships
arising in the process of administration of domestic and foreign
investments made in the prospecting and development of mineral
deposits located in the Kyrgyz Republic, these relationships being
governed by the terms of production sharing agreements entered into in
congruence with this Law.
Chapter I
General provisions
Article 1. Relationships governed by the KR Law «On agreements on
sharing of production resulting from development of
mineral resources"
1. This Law governs relationships arising in the course of
concluding, executing and terminating production sharing agreements
and also specifies the legal framework for such agreements.
2. Relationships which be not covered by this Law, inclusive of
those arising in the course of development of land and other
resources, will be administered in pursuance of the applicable laws.
3. Relationships arising in the course of exploration and
development of mineral deposits, product sharing as well as
transportation, processing, storage, use, sale or disposal of the
product effected in any other way will be governed by the terms of a
production sharing agreement entered into pursuance of this Law.
The rights and obligations of a production sharing agreement
which should be of a civil legal nature will be defined in pursuance
of this Law and Civil Code of the Kyrgyz Republic.
In case that any legal act of the Kyrgyz Republic should have
provisions other than those which are specified under this Law, these
provisions governing the relationships stipulated under Clause 1 of
this Article, the provisions of this Law will prevail.
Article 2. Production sharing agreement
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