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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of May 16, 2007 No. 176

About approval of the Regulations on the taxation and accounting of the transactions performed by the Islamic principles of financing in the Kyrgyz Republic within pilot project in Ekobank open joint stock company, and payment procedure of non-tax payments

According to the Presidential decree of the Kyrgyz Republic "About pilot project of implementation of the Islamic principles of financing in the Kyrgyz Republic" of July 12, 2006 No. 373 and the Memorandum of understanding between the Kyrgyz Republic and Islamic development bank and Ekobank open joint stock company concerning implementation of Islamic banking and financing in the Kyrgyz Republic of May 16, 2006 the Government of the Kyrgyz Republic decides:

1. Approve the enclosed Regulations on the taxation and accounting of the transactions performed by the Islamic principles of financing in the Kyrgyz Republic within pilot project in Ekobank open joint stock company, and payment procedure of non-tax payments.

2. Publish this Resolution in mass media.

3. This Resolution becomes effective from the date of publication.

Prime Minister

A. Atambayev

Approved by the Order of the Government of the Kyrgyz Republic of May 16, 2007 No. 176

Regulations on the taxation and accounting of the transactions performed by the Islamic principles of financing in the Kyrgyz Republic within pilot project in Ekobank open joint stock company, and payment procedure of non-tax payments

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