The article explores the legal nature and content of the Hunting management agreement as a special contract in the sphere of using of the natural resources and protection of environment. Its essential conditions and specific features as a contract, the conclusion of which allows for the implementation of long-term complex using of the natural resources by hunting users are analysed. It was revealed that publiclaw legal elements dominate in the Hunting management agreement, as well there also exist some elements of a private law legal nature. Distribution of the rights and duties between parties of the agreement - state authorities and hunting users on the accountable management and preservation of natural resources are investigated.