LAW OF THE KYRGYZ REPUBLIC

of April 2, 2016 No. 33

About introduction of amendments to the Law of the Kyrgyz Republic "About features of insurance in crop production"

Accepted by Jogorku Kenesh of the Kyrgyz Republic on March 3, 2016

Article 1. Bring in the Law of the Kyrgyz Republic "About features of insurance in crop production" (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2009, No. 1, the Art. 31) the following changes:

1) preamble to recognize invalid;

2) in Article 1:

a) state Item 2 in the following edition:

"2) the appraiser (independent expert) - the physical person and legal entity performing on the basis of the contract with the authorized body determined by the Government of the Kyrgyz Republic, estimative activities;";

b) state item 4 in the following edition:

"4) the expected income from harvest - the income determined by the commission according to the technique approved by the Government of the Kyrgyz Republic;";

c) declare Item 9 invalid;

d) in Item 14 of the word "the legislation of the Kyrgyz Republic" shall be replaced with words "regulatory legal acts of the Kyrgyz Republic in the field of insurance";

The Law to add 3) with Article 1-1 of the following content:

"Article 1-1. Regulation subject

This Law establishes features of insurance in crop production and regulates legal, financial and organizational basis of its carrying out.";

" Shall be replaced with words 4) in Item 1 of Article 2 of the word of "the Law of the Kyrgyz Republic "On the organization of insurance in the Kyrgyz Republic "regulatory legal acts in the field of insurance";

Items 7 and 8 of Article 5 to state 5) in the following edition:

"7) approves criteria and characteristics of determination of the adverse natural phenomena, and also standard form of the reference confirming the fact of the occurred adverse natural phenomenon;

8) approves procedure for creation of the commissions on determination of the size of the acreage which were affected by the adverse natural phenomenon, form of the act of inspection upon the adverse natural phenomenon and also the organization of their work.";

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