RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 15, 1999 No. 396

About approval of Rules of accounting of bills of exchange by banks of the second level of the Republic of Kazakhstan, branches of nonresident banks of the Republic of Kazakhstan

According to the subitem 26) "About National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES: parts two of article 15 of the Law of the Republic of Kazakhstan

1. Approve the enclosed Rules of accounting of bills of exchange by banks of the second level of the Republic of Kazakhstan, branches of nonresident banks of the Republic of Kazakhstan.

2. To department of banking supervision (Zhumagulov B. K.):

1) together with Legal department (Sharipov S. B.) to take measures to state registration in the Ministry of Justice of the Republic of Kazakhstan of this resolution and Rules of accounting of bills of exchange by banks of the second level of the Republic of Kazakhstan;

2) in ten-day time from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan to bring this resolution and Rules of accounting of bills of exchange by banks of the second level of the Republic of Kazakhstan to data of branches of National Bank of the Republic of Kazakhstan.

3. From the date of state registration of Rules of accounting of bills of exchange by banks of the second level of the Republic of Kazakhstan in the Ministry of Justice of the Republic of Kazakhstan to declare invalid the Provisional regulations for bill settlement system in the Republic of Kazakhstan approved by the resolution of Board of National Bank of the Republic of Kazakhstan of May 18, 1995 No. 17.

4. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Kudyshev M. T.

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of November 15, 1999 No. 396

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