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Article 226. The Legal Regime of the Property in the Case of Reorganisation a Peasant (Farmer) Holding into a Business Partnership or Co-Operative

1. Members of a peasant (farmer) holding on the basis of the farm's property may form a business partnership or a productive co-operative. Such a reorganised peasant (farmer) holding as a legal entity, shall have the right to own the property transferred to it in the form of investments and other contributions by the members of the farm, and also the property received as a result of its activities and acquired on other bases which do not contradict legislation.

2. The amounts of contributions of members of a peasant (farmer) holding, who are participants of a partnership or members of a co-operative, shall be established on the basis of their shares in the right of common ownership of the property of the peasant (farmer) holding as determined in accordance with the procedure specified in paragraph 3 of Article 225 of this Code.

Article 227. Common Ownership of Privatised Housing

as amended by (12) Law of No. 211 of 2nd March 1998 of the Republic of Kazakhstan. Concerning the Introduction of Amendments and Additions to the Civil Code of the Republic of Kazakhstan (General Part), and to the Decree of the Supreme Soviet of the Republic of Kazakhstan "Concerning the Implementation of the Civil Code of the Republic of Kazakhstan (General Part)".

Housing which is purchased or acquired free of charge by the tenant in accordance with legislation concerning privatisation in the buildings of the state housing stock, shall be transferred into the common ownership of the tenant and his family members who reside permanently with him, including minors and those temporarily absent, unless it is otherwise stipulated in an agreement between them.

Special considerations with regard to the right of joint ownership of privatised housing shall be determined by legislative acts concerning housing relations.

Chapter 12. Agreement On Joint Activities (Ordinary Partnership) Article 228. Ordinary Partnership

as amended by (12) Law of No. 211 of 2nd March 1998 of the Republic of Kazakhstan. Concerning the Introduction of Amendments and Additions to the Civil Code of the Republic of Kazakhstan (General Part), and to the Decree of the Supreme Soviet of the Republic of Kazakhstan "Concerning the Implementation of the Civil Code of the Republic of Kazakhstan (General Part)".

1. An ordinary partnership shall be formed on the basis of an agreement on joint activities.

In accordance with the agreement concerning joint activities (the agreement on ordinary partnership) the parties undertake to act jointly in order to earn income or attain any other objective which does not contradict the law.

An ordinary partnership shall not be a legal entity.

2. The agreement concerning joint activities (the agreement on ordinary partnership) shall be concluded between citizens, citizens and legal entities, and between legal entities (consortium).

3. The obligations of the participants of an ordinary partnership, which are related to the agreement on joint business activities, before third parties shall be joint obligations, unless their joint activities agreement stipulates otherwise.

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