RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of July 4, 2024 No. 353

About modification of the order of the Government of the Kyrgyz Republic "About questions of licensing of mineral right" of November 29, 2018 No. 561

According to the Law of the Kyrgyz Republic "About subsoil", 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 order of the Government of the Kyrgyz Republic "About questions of licensing of mineral right" of November 29, 2018 No. 561 the following changes:

1) in Regulations on the procedure for licensing of subsurface use approved by the above-stated resolution:

- in Item 58 of figure "15", "30" to replace respectively with figures "30", "45";

2) in Regulations on the procedure and conditions of holding the auction on mineral right approved by the above-stated resolution:

- state Item 2 in the following edition:

"2. The concepts used in this Provision:

1) the affiliate - any physical person or legal entity (except for the state bodies exercising control of their activities within the provided powers) which has the right directly or indirectly to determine decisions or to exert impact on the decisions made by this person, including owing to the agreement or other transaction, and also any physical persons or legal entities concerning which this affiliate has such right. The affiliate of the legal entity his executive officials, the shareholder (participant) are also recognized;

2) auction - method of provision of mineral right in case of which this right is subject to provision to person who offered top price for receipt of mineral right;

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