RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 14, 2001 No. 430

About approval of Rules of implementation of payments by direct debiting of the bank account

For the purpose of enhancement of the regulatory legal base regulating procedure of cashless payments and money transfers in the territory of the Republic of Kazakhstan, the Board of National Bank of the Republic of Kazakhstan decides:

1. Approve the enclosed Rules of implementation of payments by direct debiting of the bank account and enact them and this resolution after fourteen days from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan.

2. To management of payment systems (Musayev R. N.):

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 implementation of payments by direct debiting of the bank account;

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 implementation of payments by direct debiting of the bank account to data of the interested divisions of central office, branches of National Bank of the Republic of Kazakhstan and banks of the second level.

3. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Zhangeldin E. T.

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of November 14, 2001 No. 430

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