LAW OF THE KYRGYZ REPUBLIC

of July 18, 2018 No. 69

About modification of the Budget code of the Kyrgyz Republic

Accepted by Jogorku Kenesh of the Kyrgyz Republic on June 21, 2018

Article 1.

Bring in the Budget code of the Kyrgyz Republic (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2016, No. 5, the Art. 398) the following changes:

1) in Item 35 of part 1 of Article 2 of the word "irregular, one-time" to exclude;

2) in Article 4:

a) regarding 2 words of "day of entering into Jogorku Kenesh (local keneshes) of the project of regulatory legal act about the budget" shall be replaced with words "on March 31";

b) add Article with part 3 following of content:

"3. Allocation of budgetary appropriations on acceptance of new payment commitments or increase in budgeted expenses at execution of the existing payment commitments can be performed only since the beginning of the next financial year on condition of inclusion of the corresponding budgeted expenses in regulatory legal act about the budget or in the current financial year after entering of corresponding changes into regulatory legal act about the budget in the presence of appropriate sources of additional receipts in the budget and (or) when reducing budgeted expenses according to individual clauses of expenses of the budget.";

Shall be replaced with words 3) in part 8 of Article 6 of the word "and execution" ", execution and audit";

To replace 4) regarding the 4th Article 18 of the word "The Received Official" with the word "Official";

5) in Article 45:

a) state Item 1 in the following edition:

"1) distribution and fixing of the income to each budget of budget system of the Kyrgyz Republic according to functions and powers of state bodies and local government bodies;";

b) declare Item 2 invalid;

c) state Item 3 in the following edition:

"3) establishment of standard rates of assignments from the nation-wide income between levels of budgets on long-term basis at least 5 years;";

d) declare item 4 invalid;

Article 48 to add 6) with Items 17-19 of the following content:

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