RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of June 23, 2023 No. 321

About modification of some decisions of the Cabinet of Ministers of the Kyrgyz Republic in the field of subsurface use

For the purpose of assistance to development of the state companies and business entities having at least than two thirds of shares of the state in the authorized capital according to articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Bring in the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About approval of rates and the Procedure for charge, payment of collection and debt collection on collection for deduction of licenses for mineral right" of August 12, 2022 No. 449 the following changes:

according to the procedure of charge, payment of collection and debt collection on collection for deduction of licenses for mineral right, approved by the above-stated resolution:

- state Item 28 in the following edition:

"28. In case of receipt of the license for mineral right the payer after the direction of calculations according to Item 11 of this Procedure within thirty calendar days shall pay collection for the first year of use of natural resources, except for the state companies and business entities having at least than two thirds of shares of the state in the authorized capital which grants collection payment deferral prior to industrial development of the subsoil plot and exit to design capacity.";

- add Item 29 with paragraphs the second, third and fourth the following content:

"The payer having debt on collection over 10000000 (ten million) som for previous years is granted delay from payment of collection according to the payment schedule of debt on collection approved by the payer prior to industrial development of the subsoil plot after approval of the Commission concerning licensing of subsurface use of authorized state body on subsurface use.

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