Disposing of State’s public properties is prohibited. Granting the right of exploitation of natural
resources or public utility concessions shall be by virtue of a law for a period not exceeding
thirty (30) years.
Granting the right of exploitation of quarries, small mines and slatterns, or granting public utility
concession shall be based on a law for a period not exceeding fifteen (15) years.
The Law shall define provisions of disposing of the State's private properties as well as the
regulating rules and procedures.
Article (33)
The State shall protect ownership with its three types: the public, the private and the cooperative.
Article (34)
Public properties are inviolable and may not be infringed upon. Protection thereof is a duty
according to the Law.
Article (35)
Private properties shall be protected, and the right to inheritance thereto is secured. It is not
permissible to impose guardianship thereon except in the cases defined by Law and by virtue of a
court judgment. Expropriation shall be allowed only in the public interest and for its benefit, and
against fair compensation to be paid in advance according to the Law.
Article (36)
The State shall motivate the private sector to undertake its social responsibility in serving the
economy and society.
Article (37)
Cooperative ownership shall be protected. The State shall give due care to cooperatives, and the
Law shall guarantee their protection, support and independence.
It is prohibited to dissolve cooperatives or their board of directors except by virtue of a court
judgment.
Article (38)
The tax system, as well as other public liabilities, aim at developing State resources and
achieving social justice and economic development.
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