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The document ceased to be valid since  January 10, 2016 according to Item 1 of the Order of the Government of the Republic of Kazakhstan of December 23, 2015 No. 1034

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 20, 2012 No. 1644

About approval of Rules of forming and use, the sizes of warranty and insurance funds

According to subitem 6-2) of article 3 of the Law of the Republic of Kazakhstan of May 4, 2009 "About commodity exchanges" the Government of the Republic of Kazakhstan DECIDES:

1. Approve enclosed:

1) Rules of forming and use of warranty and insurance funds.

2) sizes:

guarantee fund of commodity exchange - the ten-thousandfold size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

compulsory contribution of the member of commodity exchange in insurance fund - the three hundredfold size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for financial year.

2. This resolution becomes effective after ten calendar days from the date of the first official publication.

 

Prime Minister of the Republic of Kazakhstan

S. Akhmetov

Approved by the order of the Government of the Republic of Kazakhstan of December 20, 2012 No. 1644

Rules of forming and use of warranty and insurance funds

1. General provisions

1. These rules of forming and use of warranty and insurance funds (further - Rules) are developed according to subitem 6-2) of article 3 of the Law of the Republic of Kazakhstan of May 4, 2009 "About commodity exchanges" and establish procedure for forming and use of warranty and insurance funds.

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