The philharmonic society, being an institution financed from the federal budget, acquired funds from the business activity, acquired several apartments and transferred them to the ownership of its employees. Having received information about the said actions of the philharmonic society, the federal property management body demanded that the agreements on the free transfer of apartments to the property of employees be invalidated, since apartments are state property. The philharmonic society has argued its actions by the fact that it has the right to independently dispose of property acquired at the expense of the funds earned by it.
If you are the head of the philharmonic society, can you justify your arguments with references to the norms of the Civil Code and other regulatory acts?
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