THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND SUPERVISION OF THE FINANCIAL MARKET AND THE FINANCIAL ORGANIZATIONS OF THE REPUBLIC OF KAZAKHSTAN

of March 27, 2009 No. 51

About approval of Rules of the choice of Islamic bank, branch of Islamic nonresident bank of the Republic of Kazakhstan and transfer of the property acquired by the money attracted under the agreement on the investment deposit and obligations on investment deposits of the liquidated Islamic bank which is compulsorily stopping activities of branch of Islamic nonresident bank of the Republic of Kazakhstan by it

According to Item 3 of Article 74-1, part twelve of Item 5 of article 74-5 of the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" the Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations (further - the Agency) DECIDES:

1. Approve the enclosed Rules of the choice of Islamic bank, branch of Islamic nonresident bank of the Republic of Kazakhstan and transfer of the property acquired by the money attracted under the agreement on the investment deposit and obligations on investment deposits of the liquidated Islamic bank which is compulsorily stopping activities of branch of Islamic nonresident bank of the Republic of Kazakhstan to them.

2. This resolution becomes effective after ten calendar days after day of its first official publication.

3. To department of liquidation of the financial organizations (Zhumabayeva Z. S.):

1) together with Legal department (Sarsenov N. V.) to take measures to state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

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