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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 30, 1997 No. 1859

About approval of Rules of release, the address and repayment of the state special treasury obligations of the Republic of Kazakhstan

(as amended on on October 28, 2001)

According to the Law of the Republic of Kazakhstan of December 31, 1996. "About the republican budget for 1997" (1996, N 23-24, stations 414) and for the purpose of renewal of debt of the Government of the Republic of Kazakhstan to National Bank of the Republic of Kazakhstan on the obtained credits in 1991-1997 in government securities of the Government of the Republic of Kazakhstan decide sheets of Parliament of the Republic of Kazakhstan:

1. Approve the enclosed Rules of release, the address and repayment of the state special treasury obligations of the Republic of Kazakhstan.

2. To the Ministry of Finance of the Republic of Kazakhstan to sign with National Bank of the Republic of Kazakhstan the Devolution agreement in property to National Bank of the Republic of Kazakhstan of the state special treasury obligations in debt repayment of the Government of the Republic of Kazakhstan before National Bank of Kazakhstan for 1991-1997.

3. To the Ministry of Finance of the Republic of Kazakhstan to perform since January 5, 1998 release of the state special treasury obligations of the Republic of Kazakhstan in the amount equal to the amount of debt of the Government before National Bank of the Republic of Kazakhstan on the obtained credits during 1991-1997 in the amount of 36850374 thousand tenges, with circulation period ten years and to enlist them into the custody account of National Bank of the Republic of Kazakhstan opened in "Central Securities Depository" private company.

4. Determine that repayment of the state special treasury obligations of the Republic of Kazakhstan and their servicing will be made at the expense of means of the republican budget.

 

Prime Minister of the Republic of Kazakhstan N. Balgimbayev

Approved by the order of the Government of the Republic of Kazakhstan of December 30, 1997 No. 1859

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