of April 10, 1998 No. 4
About procedure for calculation of the amount of investment revenue for commission calculation of remunerations the CLUMP and NPF from investment revenue on pension accruals
The national commission of the Republic of Kazakhstan on securities in pursuance of Item 1 of article 48 of the Law of the Republic of Kazakhstan "About provision of pensions in the Republic of Kazakhstan" and in coordination with the National pension agency of the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan decides:
1. Approve the Procedure for calculation of the amount of investment revenue for commission calculation of remunerations of the companies on management of pension assets and the accumulation pension funds from investment revenue on pension accruals it (is applied).
2. This Procedure becomes effective from the moment of its state registration in the Ministry of Justice of the Republic of Kazakhstan.
3. To impose control of execution of this Procedure by the companies on management of pension assets on management of licensing and supervision of central office of the National commission of the Republic of Kazakhstan on securities.
The chairman Poryadok of calculation of the amount of investment revenue for commission calculation of remunerations of the companies on management of pension assets and the accumulation pension funds from investment revenue on pension accruals
1. Investment revenue on pension assets for certain period the amount of net income determined by accrual method by comparison (difference) of the income and expenses on the pension assets accepted in management is recognized.
2. The income on the pension assets accepted in management includes:
- income from implementation of securities;
- income in type of share dividends;
- income in type of remuneration (interest);
- the income from acquisition of securities with the fixed income at the price, is lower than their nominal value;
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The document ceased to be valid since April 16, 2003 according to the resolution of Board of National Bank of the Republic of Kazakhstan of April 16, 2003 No. 116