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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of October 20, 2015 No. 197

About modification and amendments in some regulatory legal acts of the Republic of Kazakhstan concerning insurance activity

(as amended of the Resolution of Board of National Bank of the Republic of Kazakhstan of 29.10.2018 No. 269)

For the purpose of enhancement of regulatory legal acts of the Republic of Kazakhstan the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Ceased to be valid according to the Resolution of Board of National Bank of the Republic of Kazakhstan of 29.10.2018 No. 269

2. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of December 24, 2012 No. 387 "About approval of the Method of calculation of rate of compulsory, additional contributions and contingent obligations, procedure and payment due dates of compulsory, additional and extraordinary contributions, forming and accounting of contingent obligations by insurance companies - members of Fund of guaranteeing insurance payments" (registered in the Register of state registration of regulatory legal acts at No. 8329, published on June 5, 2013 in the Kazakhstanskaya Pravda newspaper No. 190-191 (27464-27465)) the following changes:

in the Method of calculation of rate of compulsory, additional contributions and contingent obligations, procedure and payment due dates of compulsory, additional and extraordinary contributions, forming and accounting of contingent obligations by insurance companies - members of Fund of guaranteeing insurance payments, approved by the specified resolution:

1, 2 and 3 to state Items in the following edition:

"1. The rate of compulsory contributions affirms the board of directors of Fund of guaranteeing insurance payments (further - Fund).

2. The formula of calculation of base rate of compulsory contribution the current financial year affirms the board of directors of Fund and is subject to revision each 3 (three) years.

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