RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of September 21, 2012 No. 292

About the basic principles of asset management in foreign currency and precious metals

For the purpose of implementation of the Law of the Republic of Kazakhstan of July 5, 2012 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning the organization of activities of National Bank of the Republic of Kazakhstan, regulation of the financial market and the financial organizations" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Determine the basic principles of asset management in foreign currency and precious metals in edition, according to appendix to this resolution.

2. Declare invalid the resolution of Board of National Bank of the Republic of Kazakhstan of May 29, 2003 No. 165 "About approval of Rules about the basic principles of management of gold and exchange assets of National Bank of the Republic of Kazakhstan" (registered in the Register of state registration of regulatory legal acts at No. 1628).

3. This resolution becomes effective from the date of acceptance.

4. To department of monetary transactions (Baymagambetov A. M.):

1) in seven-day time from the date of adoption of this resolution to notify the Ministry of Justice of the Republic of Kazakhstan on recognition invalid the resolution specified in Item 2 of this resolution;

2) to bring this resolution to the attention of the interested divisions of central office of National Bank of the Republic of Kazakhstan.

5. To impose control of execution of this resolution on the Chairman of National Bank of the Republic of Kazakhstan Marchenko G. A.

Appendix

to the resolution of Board of National Bank of the Republic of Kazakhstan of September 21, 2012 No. 292

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