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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of August 27, 2022 No. 614

About approval of Rules of payment of compensation (premium) to the deposits of physical persons placed in national currency (tenge)

(as amended of the Order of the Government of the Republic of Kazakhstan of 30.12.2022 No. 1129)

The government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of payment of compensation (premium) to the deposits of physical persons placed in national currency (tenge).

2. Determine Fund of the Problem Credits joint-stock company the organization performing transfer to participating banks of payments of compensation (premium) to the deposits of physical persons placed in national currency (tenge).

3. This resolution becomes effective after ten calendar days after day of its first official publication.

Prime Minister of the Republic of Kazakhstan

A. Smailov

Approved by the Order of the Government of the Republic of Kazakhstan of August 27, 2022 No. 614

Rules of payment of compensation (premium) to the deposits of physical persons placed in national currency (tenge)

Chapter 1. General provisions

1. These rules of payment of compensation (premium) to the deposits of physical persons placed in national currency (tenge) (further – Rules) determine payment procedure of compensation (premium) to the deposits of physical persons placed in national currency (tenge).

2. For the purposes of these rules the following concepts and reducings are used:

1) the depositor (investor) – the physical person who is the resident and the nonresident of the Republic of Kazakhstan including the subject of individual entrepreneurship, the private notary, the lawyer, professional mediator;

2) the financial automated system of transport of information (further – FASTI) – special electronic communication channel of the republican state company on the right of economic maintaining the "Kazakhstan center of interbank calculations of National Bank of the Republic of Kazakhstan" having necessary protection against unauthorized access to the sent documentation;

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