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RESOLUTION OF THE STATE COMMITTEE OF THE REPUBLIC OF KAZAKHSTAN ON THE STATE-OWNED PROPERTY

of June 10, 1994 No. 138

About approval of the Regulations on procedure for sale of the state block of shares and use of the means received from its realization

For the purpose of implementation of the National program of privatization and privatization in the Republic of Kazakhstan for 1993-1995 (the II stage), the Presidential decree of the Republic of Kazakhstan of April 12, 1994 N 1643 "About use of the means received from sale of the state block of shares" and Resolutions of the Cabinet of Ministers of the Republic of Kazakhstan of March 10, 1994 N 257 "About approval of regulations on procedure for sale of the state block of shares" the State committee of the Republic of Kazakhstan on state-owned property decides:

1. Approve the enclosed Regulations on procedure for sale of the state block of shares and use of the means received from its realization.

2. To impose control over the implementation of this resolution on management of mass privatization of Committee.

 

Chairman Zh. Karibzhanov

Approved by the Resolution of the State committee of the Republic of Kazakhstan on state-owned property of June 10, 1994 No. 138

Regulations on procedure for sale of the state block of shares and use of the means received from its realization

I. General provisions

1.1. This provision establishes procedure and sales terms of the state block of shares of the joint-stock companies created based on the state companies, shares of national joint stock companies, including holding, state and with participation of the state, and also procedure for use of the received means from implementation of state-owned shares.

1.2. Sale of the state block of shares is performed according to the decision of the State Property Committee of the Republic of Kazakhstan by the State Privatization Fund (SPF).

1.3. The state blocks of shares can be realized by physical person and legal entity, including foreign.

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