LAW OF THE KYRGYZ REPUBLIC

of May 20, 2016 No. 69

About introduction of amendments to the Law of the Kyrgyz Republic "About realtor activities in the Kyrgyz Republic"

Accepted by Jogorku Kenesh of the Kyrgyz Republic on April 14, 2016

Article 1. Bring in the Law of the Kyrgyz Republic "About realtor activities in the Kyrgyz Republic" (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2003, No. 12, the Art. 555) the following changes:

In paragraph three of part 2 of Article 1 of the word "the Law of the Kyrgyz Republic "On bankruptcy (insolvency)" shall be replaced with words 1) "the legislation on bankruptcy";

The paragraph the fifth Article 2 to declare 2) invalid;

Articles 3 and 4 to state 3) in the following edition:

"Article 3. The legislation regulating realtor activities

The legislation of the Kyrgyz Republic regulating realtor activities consists of the Constitution of the Kyrgyz Republic, this Law and other regulatory legal acts which are regulating realtor activities, and also came in the procedure established by the law into force of international treaties which participant is the Kyrgyz Republic.

Article 4. Powers of the Government of the Kyrgyz Republic in the field of realtor activities

In the field of realtor activities treat powers of the Government of the Kyrgyz Republic:

- carrying out single state policy on development of realtor activities;

- ensuring interaction of public authorities with realtors and their associations.";

4) Article 6 to recognize invalid;

5) in Article 18:

a) third to state the paragraph in the following edition:

"-get acquainted with powers of real estate firm (realtor);";

b) word in paragraph four "necessary" to exclude all;

The second Article 19 of the word "reasonably and honesty" to exclude 6) in the paragraph;

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