of December 22, 2021 No. 154
About electronic trading
Accepted by Jogorku Kenesh of the Kyrgyz Republic on November 3, 2021
1. This Law governs the public relations between physical persons and legal entities in the field of the electronic trading performed using information and communication technologies establishes the legal basis of activities in electronic trading.
2. This Law establishes requirements in case of registration and making of electronic transactions on sale, purchase and exchange of goods and/or works, and/or services, including exclusive rights on intellectual property items.
3. Operation of this Law does not extend on:
1) the transactions which are subject to the notarial certificate and/or state registration;
2) goods, works and services concerning which restrictions on safety, protection of life and human health, conservation and cultural values are introduced;
3) procedures of carrying out public procurements.
The legislation in the field of electronic trading is based on the Constitution of the Kyrgyz Republic, the Civil code of the Kyrgyz Republic and consists of this Law, other regulatory legal acts of the Kyrgyz Republic, and also come in the procedure established by the law into force of international treaties which participant is the Kyrgyz Republic.
1. Institutes, terms and the determinations of other industries of the legislation of the Kyrgyz Republic used in this Law are applied in that value in what they are used in these industries of the legislation if other is not provided by this Law.
2. In this Law the following main terms, concepts and determinations are used:
1) verification - confirmation on the basis of submission of objective certificates of the fact that the established requirements were fulfilled;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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