Regional Law No. 416-OZ “On subsoil management”.

This Regional Law regulates relations originating in the process of exploration, mining and management of subsoil, and also protection thereof. Subsoil, including minerals, energy and other resources contained in subsoil, shall be public property. Plots of subsoil cannot be object of purchase and sale, donation, hereditary possession, contribution, mortgage or expropriation. All the plots of subsoil shall form state fund of subsoil. Subjects of entrepreneurial activity, including foreign legal persons, can be subsoil managers. Subsoil plots can be conceded for management for a limited period of time (exploration, prospecting and mining of minerals) for five years or for the period of exhaustion of mineral deposits, and for 25 years for extraction of groundwater.

俄罗斯联邦 · 2003-06-02