of September 25, 2003 No. 215
About financial and economic bases of local self-government
Accepted by General Court of Jogorku Kenesh of the Kyrgyz Republic on June 27, 2003
By meeting of national representatives of Jogorku Kenesh of the Kyrgyz Republic it is not considered
Approved according to item 4 of article 59 of the Constitution of the Kyrgyz Republic in edition of the laws of the Kyrgyz Republic "About modification and amendments in the Constitution of the Kyrgyz Republic" of February 16, 1996, No. 1, "About modification and amendments in the Constitution of the Kyrgyz Republic" of October 21, 1998 No. 134, "About introduction of amendments to article 5 of the Constitution of the Kyrgyz Republic" of December 24, 2001 No. 112
This Law governs the financial and economic relations of local government bodies of the ayylny aimag and city with state bodies, other local government bodies, legal entities and physical persons, and also determines procedure and the principles of forming and execution of the local budget and off-budget funds of local government bodies of the ayylny aimag and city.
1. Budget system of the Kyrgyz Republic - the system of the relations regulated by rules of law on creation, consideration, approval and execution republican and local budgets, off-budget funds, based on the economic relation and state system of the Kyrgyz Republic.
2. The government budget of the Kyrgyz Republic consists from republican and local budgets, includes the income and expenses.
3. The local budget - the budget of local community of the ayylny aimag and city which forming, approval and execution perform local government bodies.
4. The income of the local budget - the money going according to the legislation of the Kyrgyz Republic into the disposal of local government bodies.
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The document ceased to be valid since January 1, 2017 according to article 2 of the Law of the Kyrgyz Republic of May 16, 2016 No. 60