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The document ceased to be valid since February 24, 2016 according to Item 1 of the Order of the Government of the Republic of Kazakhstan of January 30, 2016 No. 43

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 21, 2007 No. 1262

About approval of Rules of activities and liquidation of funds of guaranteeing obligation fulfillment for cotton receipts

For the purpose of implementation of the Law of the Republic of Kazakhstan of July 21, 2007 "About development of cotton industry" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of activities and liquidation of funds of guaranteeing obligation fulfillment for cotton receipts.

2. This resolution becomes effective after ten calendar days after the first official publication.

 

Prime Minister

Republic of Kazakhstan K. Masimov

Approved by the order of the Government of the Republic of Kazakhstan of December 21, 2007 No. 1262

Rules of activities and liquidation of funds of guaranteeing obligation fulfillment for cotton receipts

1. General provisions

1. These rules of activities and liquidation of funds of guaranteeing obligation fulfillment for cotton receipts (daleepravil) are developed according to the Law of the Republic of Kazakhstan of July 21, 2007 "About development of cotton industry" and determine procedure for activities and liquidation of funds of guaranteeing obligation fulfillment for cotton receipts.

2. In these rules the following basic concepts are used:

1) fund of guaranteeing obligation fulfillment for cotton receipts - the legal entity performing the activities for the purpose of ensuring protection of the rights and legitimate interests of holders of cotton receipts from non-execution of obligations by the cotton-processing organizations for the cotton receipts issued by them (further - fund or funds);

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