FOREIGN INVESTMENT  LAW OF MONGOLIA

CHAPTER THREE

OPERATION OF BUSINESS  ENTITIES
WITH FOREIGN  INVESTMENT

Article 16. Suspension and Termination of Operations of Business Entities with Foreign Investment.

1. The operations of a business entity with foreign investment shall be subject to suspension or termination on the grounds provided for by the Law on Business Entities of Mongolia.

2. If the operations of a business entity  with foreign investment are found to be in violation of any of assessments referred to in paragraph 4 of Article 12 of the present Law, the Ministry of Trade and Industry may suspend or terminate the operations of  such business  entity with foreign investment.

 

 

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