RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of August 24, 2000 No. 331

About approval of Rules of release of payment cards, and also requirements to activities for servicing of transactions with their use in the territory of the Republic of Kazakhstan

For the purpose of enhancement of the regulatory legal base regulating the address of payment cards in the Republic of Kazakhstan, the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of release of payment cards, and also requirements to activities for servicing of transactions with their use in the territory of the Republic of Kazakhstan (further - Rules) and to enact them after two weeks from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan, except for Item 35, which becomes effective after three months from the date of enforcement of Rules.

2. To management of payment systems (Musayev R. N.):

1) together with Legal department (Sharipov S. B.) to take measures to state registration in the Ministry of Justice of the Republic of Kazakhstan of this resolution and Rules;

2) in two weeks from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan to bring this resolution and Rules to the attention of the interested divisions of central office and territorial branches of National Bank of the Republic of Kazakhstan.

3. To territorial branches of National Bank of the Republic of Kazakhstan to bring this resolution and Rules to the attention of banks of the second level and the organizations performing separate types of banking activities.

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