LAW OF THE REPUBLIC OF KAZAKHSTAN

of November 4, 2003 No. 490-II

About the state monitoring of property in the industries of economy having strategic importance

This Law governs the public relations arising in the course of implementation of the state monitoring of property in the industries of economy having strategic importance and also determines the bases and conditions of its carrying out.

Chapter 1. General provisions

Article 1. The basic concepts used in this Law

In this Law the following basic concepts are used:

1) management efficiency - the indicators characterizing ratio between the purposes and results of property management in the industries of economy having strategic importance;

2) property management - implementation of powers to own, use and dispose of property;

3) the state monitoring of property - observation, information collection, the analysis, assessment and the forecast of condition of structure of property and management efficiency of objects of property in the industries of economy having strategic importance;

4) objects of monitoring - legal entities and their affiliirovanny persons, except for physical persons, all types of property of the state-owned or private property concerning whom the state monitoring of property is carried out;

5) authorized body - the state body performing within the conferred powers of function on carrying out the state monitoring of property;

6) management of the organization - package of measures, necessary for forming and goal achievement of organization activity;

7) economic safety - condition of security of national economy of the Republic of Kazakhstan from the internal and external conditions, processes and factors threatening its sustainable development and economic independence;

8) the economy industries having strategic importance - production and conversion of fuel and energy minerals (coal, oil, gas, uranium and metal ores), mechanical engineering, space activities, agro-industrial complex, water economy, the chemical industry, transport and communication, production and electricity distribution, and also the industries making products of military-industrial appointment;

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