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ORDER OF THE MINISTER OF TRADE AND INTEGRATION OF THE REPUBLIC OF KAZAKHSTAN

of September 3, 2019 No. 30

About introduction of amendments to some orders of the Ministry of national economy of the Republic of Kazakhstan

I ORDER:

1. Approve the enclosed list of some orders of the Ministry of national economy of the Republic of Kazakhstan to which changes are made.

2. To provide to department of domestic trade of the Ministry of Trade and integration of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Trade and integration of the Republic of Kazakhstan;

3) within ten working days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan submission to Department of legal service of the Ministry of Trade and integration of the Republic of Kazakhstan of data on execution of the actions provided by subitems 1) and 2) of this Item.

3. To impose control of execution of this order on the supervising vice-Minister of Trade and integration of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its first official publication.

Minister

B. Sultanov

Approved by the Order of the Minister of Trade and integration of the Republic of Kazakhstan of September 3, 2019, No. 30

The list of some orders of the Ministry of national economy of the Republic of Kazakhstan to which changes are made

1. In the order of the acting minister of national economy of the Republic of Kazakhstan of March 27, 2015 No. 251 "About approval of Rules of forming and use of warranty and insurance funds" (it is registered in the Register of state registration of regulatory legal acts for No. 10994, it is published on October 29, 2015 in information system of law of Ad_let):

The rules of forming and use of warranty and insurance funds approved by the specified order to state in edition according to appendix 1 to the list of some orders of the Ministry of national economy of the Republic of Kazakhstan to which changes are made (further - the List).

2. In the order of the acting minister of national economy of the Republic of Kazakhstan of March 30, 2015 No. 280 "About approval of Standard rules of stock exchange trading" (it is registered in the Register of state registration of regulatory legal acts for No. 10993, it is published on October 29, 2015 in information system of law of Ad_let):

The standard rules of stock exchange trading approved by the specified order to state in edition according to appendix 2 to the List.

3. In the order of the acting minister of national economy of the Republic of Kazakhstan of November 25, 2015 No. 729 "About approval of Rules of implementation of clearing activities for stock exchange transactions and Requirements to the hardware and software of clearing center of commodity exchange" (it is registered in the Register of state registration of regulatory legal acts for No. 12605, it is published on January 19, 2016 in information system of law of Ad_let):

in the Rules of implementation of clearing activities for stock exchange transactions approved by the specified order:

to state heading of Chapter 1 in the following edition:

"Chapter 1. General provisions";

state Item 2 in the following edition:

"2. In these rules the following concepts and terms are used:

1) the settlement organization - the bank of the second level or the organization performing separate types of banking activities with which the clearing center of commodity exchange signed the agreement on order of interaction when carrying out the exchange biddings and (or) implementing payment under the bargains concluded at the exchange biddings;

2) clearing - process of determination, check and information transfer about requirements and (or) obligations of members of commodity exchange as a result of the conclusion of stock exchange transactions, including as a result of implementation of netting of obligations, and preparation of the documents (information) which are the basis of the termination and (or) execution of such obligations;

3) clearing center of commodity exchange - the independent clearing organization with which the commodity exchange signed the agreement on clearing servicing;

4) authorized body - authorized state body in the field of commodity exchanges.";

exclude Item 3;

to state heading of Chapter 2 in the following edition:

"Chapter 2. Implementation of clearing activities";

state Item 5 in the following edition:

"5. For implementation of clearing activities for stock exchange transactions the commodity exchange signs the contract on clearing servicing with the clearing organization.";

state Item 7 in the following edition:

"7. For the purpose of implementation of clearing, calculations and accounting of stock exchange commitments the clearing center of commodity exchange signs with the settlement organization the relevant agreement on order of interaction when carrying out the exchange biddings and (or) implementing payment under the bargains concluded at the exchange biddings.";

state Item 11 in the following edition:

"11. The clearing center of commodity exchange provides permanent readiness of the reserve technical center for immediate activation. The reserve technical center conforms to the following requirements:

1) contains backup copies of information connected with clearing activities, identical to the main information;

2) contains the copy of the software and hardware of the clearing center of commodity exchange used in the course of implementation of clearing activities for stock exchange transactions;

3) it is provided with the communications necessary for implementation of activities of clearing center of commodity exchange;

4) in case of impossibility of implementation of clearing in the location of clearing center of commodity exchange is represented by possibility of implementation of clearing no later than the next working day after emergence of this situation.";

to state heading of Chapter 3 in the following edition:

"Chapter 3. Disclosure and safety of information by clearing center";

state Item 12 in the following edition:

"12. The clearing center of commodity exchange provides disclosure of information on the activities and open entry to acquaintance with information which is not trade secret, to all interested persons by the publication (placement) on permanent basis of the specified information in mass media.";

in the Requirements to the hardware and software of clearing center of commodity exchange approved by the specified order:

to state heading of Chapter 1 in the following edition:

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