ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of August 16, 2008 No. 754

About approval of Rules of subsidizing of rate of remuneration (interest) on leasing of agricultural machinery, the overworking equipment and the special equipment provided by leasing companies and banks of the second level to subjects of agro-industrial complex

The government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of subsidizing of rate of remuneration (interest) on leasing of agricultural machinery, the overworking equipment and the special equipment provided by leasing companies and banks of the second level to subjects of agro-industrial complex.

2. This resolution becomes effective from the date of signing.

Approved by the order of the Government of the Republic of Kazakhstan of August 16, 2008 No. 754

Rules of subsidizing of rate of remuneration (interest) on leasing of agricultural machinery, the overworking equipment and the special equipment provided by leasing companies and banks of the second level to subjects of agro-industrial complex

1. General provisions

1. These rules of subsidizing of rate of remuneration (interest) (further - Rules) determine procedure for provision from means of the republican budget of subsidies for compensation of part of costs for interest payment for leasing of the overworking equipment and the special equipment provided by leasing companies and banks of the second level to subjects of agro-industrial complex for a period of up to 7 years by leasing of agricultural machinery, the overworking equipment and the special equipment provided by leasing companies and banks of the second level to subjects of agro-industrial complex are developed according to the Law of the Republic of Kazakhstan of July 8, 2005 "About state regulation of development of agro-industrial complex and the rural territories".

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