ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of August 21, 2019 No. 413

About modification of the order of the Government of the Kyrgyz Republic "About creation of Public fund "Fund of Development of the Nature" of December 27, 2017 No. 840

For the purpose of strengthening of environmental measures and accomplishment of nature protection actions, implementation of the Strategic agreement on environmental protection and development of investments between the Government of the Kyrgyz Republic and the Tsenterra Gold Ink. company and Kumtor Gold Company private company and Kumtor Opereyting Company private company of September 11, 2017 (further - the Agreement), the Deed poll signed by the Tsenterra Gold Ink. and Kumtor Gold Company companies of August 7, 2019 to the above-stated Agreement, and also according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Bring in the order of the Government of the Kyrgyz Republic "About creation of Public fund "Fund of Development of the Nature" of December 27, 2017 No. 840 the following changes:

Items 1-2 to state 1) in the following edition:

"1. To the state agency of environmental protection and forestry under the Government of the Kyrgyz Republic in accordance with the established procedure:

- create Public fund "Fund of Development of the Nature" (further - Fund);

- act as the founder of Fund;

- resolve organization-legal issues of functioning and state registration of Fund in judicial authorities;

- provide strict observance of provisions of the Agreement.

2. Determine that:

- The fund will be controlled the Supervisory board appointed by the State agency of environmental protection and forestry under the Government of the Kyrgyz Republic;

- The fund will be subject to annual audit inspections;

- fund will be used only for financing of projects on environmental protection and preserving natural wealth of the Kyrgyz Republic, and also on the purposes provided by the fund charter.";

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