RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of May 6, 2014 No. 78

About approval of Rules and the bases of forgiveness of bad debt on the credit (I will borrow) also to remuneration on it

According to the Law of the Republic of Kazakhstan of March 7, 2014 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning rehabilitation and bankruptcy, the taxation" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules and the bases of forgiveness of bad debt on the credit (I will borrow) also to remuneration on it.

2. This resolution becomes effective after ten calendar days after day of its first official publication and extends to the relations which arose since January 1, 2014 and is effective till January 1, 2016.

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of May 6, 2014 No. 78

Rules and the bases of forgiveness of bad debt on the credit (I will occupy) also to remuneration on it

1. On the credit (I will occupy) these rules and the bases of forgiveness of bad debt and to remuneration on it (further - Rules) are drafted according to the subitem 8) of Item 2 of article 90 of the Code of the Republic of Kazakhstan "About taxes and other obligatory payments in the budget" (Tax Code) (further - the Tax code) and establish the bases and procedure for forgiveness of bad debt on the credit (I will borrow) also to remuneration on it banks of the second level (further - bank).

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