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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 30, 2022 No. 1129

About modification of the 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)"

The government of the Republic of Kazakhstan DECIDES:

1. Bring in the 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)" the following changes:

in Rules of payment of compensation (premium) to the deposits of the physical persons placed in national currency (tenge), approved by the specified resolution:

1) of Item 2 to state the subitem in the following edition:

"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;";

3, 4 and 5 to state Items in the following edition:

"3. Payment of compensation (award) is performed on the compensated deposits.

Payment of compensation is not performed on the following deposits: on-demand deposits, conditional deposits and current bank accounts. Payment of compensation (award) to the depositor (investor) is performed on amount of money on the compensated deposit existing as of the end of operational day on February 23, 2022 within 20000000 (twenty million) tenges in each participating bank.

In the presence at the depositor (investor) more than one compensated the deposit in one participating bank payment of compensation (award) are performed for the total amount of money within 20000000 (twenty million) tenges on the compensated deposits in such participating bank.

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