Encyclopedia
Termination of the concession agreement
Termination of the concession agreement — if the failure or improper performance by the concessionaire of obligations under the concession agreement has resulted in the destruction or significant damage to a cultural heritage object that is in an unsatisfactory condition, such concession agreement may be terminated based on a court decision at the request of either the concessionor or the relevant cultural heritage protection authority1.
Federal Law No. 115-FZ dated July 21, 2005 "On Concession Agreements", as amended on December 31, 2024, Article 53.4, paragraph 4 // RSZ RF. 2005. No. 30. Page 3126. ↩