of November 30, 2000 No. 109-II
About estimative activities in the Republic of Kazakhstan
This Law governs the relations arising when implementing estimative activities for the purpose of establishment of market or other value of objects of assessment, determines the rights and obligations of subjects of estimative activities.
1. The legislation of the Republic of Kazakhstan on estimative activities is based on the Constitution of the Republic of Kazakhstan, consists of this Law and other regulatory legal acts of the Republic of Kazakhstan.
2. Features of the organization of assessment of state-owned property, cases and features of assessment of property in case of its receipt in structure of state-owned property, transfer of state-owned property to use to physical persons and non-state legal entities, and also in case of alienation of state-owned property are established by Article 100-1 and Chapter 16 of the Law of the Republic of Kazakhstan "About state-owned property".
3. If the international treaty ratified by the Republic of Kazakhstan establishes other rules, than those which are provided by this Law then are applied rules of the international treaty.
In this Law the following basic concepts are used:
1) assessment - determination of possible market or other project cost of assessment;
2) approach to assessment - method of determination of possible market or other project cost of assessment with use of one or several evaluation methods;
3) evaluation method - set of the actions of legal, financial and economic and organizational and technical nature used for establishment of market and other project cost of assessment;
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The document ceased to be valid since July 13, 2018 according to article 33 of the Law of the Republic of Kazakhstan of January 10, 2018 No. 133-VI ZRK