ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of April 16, 2021 No. 247

About modification of the orders of the Government of the Republic of Kazakhstan of August 9, 2011 No. 920 "About approval of Rules of sale of subjects to privatization" and of June 29, 2016 No. 382 "About approval of Rules of involvement of the independent consultant"

The government of the Republic of Kazakhstan DECIDES:

1. Bring the following changes in some decisions of the Government of the Republic of Kazakhstan:

1) in the order of the Government of the Republic of Kazakhstan of August 9, 2011 No. 920 "About approval of Rules of sale of subjects to privatization":

in Rules of sale of the subjects to privatization approved by the specified resolution:

state Item 1 in the following edition:

"1. These rules of sale of subjects to privatization (further – Rules) are developed according to Item 2 of article 100 of the Law of the Republic of Kazakhstan of March 1, 2011 "About state-owned property" (further – the Law) and regulate procedure for sale of subjects to privatization at the biddings in the form of auction and the tender, the closed tender, the biddings on the stock exchange, tender by two-stage procedures, direct address sale, sale of the derivative securities certifying share right of the joint-stock companies belonging to the state.";

to state heading of Chapter 1 in the following edition:

"Chapter 1. General provisions";

in Item 2:

in paragraph one change in state language is made, the text in Russian does not change;

1) and 2) to state subitems in the following edition:

"1) current price – the price of subject to privatization developing during trading in the form of auction on advance in price, or the announced price developing during trading in the form of auction on reduction in price;

2) the initial price – the price of subject to privatization determined based on the valuation report of project cost of privatization submitted by independent consultants or the appraiser, and established by the commission on questions of privatization of objects of state-owned property;";

20) and 21) to state subitems in the following edition:

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