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THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of July 16, 2021 No. 79

About introduction of amendments to the resolution of Board of National Bank of the Republic of Kazakhstan of July 16, 2014 No. 147 "About approval of Rules of appointment and powers of temporary administration (the temporary administrator) of bank, insurance (reinsurance) organization"

According to Item 2 of article 48-1 of the Law of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan", Item 7 of article 56 of the Law of the Republic of Kazakhstan "About insurance activity" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of July 16, 2014 No. 147 "About approval of Rules of appointment and powers of temporary administration (the temporary administrator) of bank, insurance (reinsurance) organization" (it is registered in the Register of state registration of regulatory legal acts at No. 9711) the following changes:

state preamble in the following edition:

"According to Item 2 of article 48-1 of the Law of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan", Item 7 of article 56 of the Law of the Republic of Kazakhstan "About insurance activity" the Board of National Bank of the Republic of Kazakhstan DECIDES:"

in the Rules of appointment and powers of temporary administration (the temporary administrator) of bank, insurance (reinsurance) organization approved by the specified resolution:

state Item 12 in the following edition:

"12. The temporary administration for the purpose of minimization of expenses leases property of the organization with informing on it authorized body.

The money received from property leasing goes to the bank account of the organization.

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