LAW OF THE KYRGYZ REPUBLIC

of July 15, 2016 No. 118

About modification of some legal acts of the Kyrgyz Republic (in the laws of the Kyrgyz Republic "About natural monopolies in the Kyrgyz Republic", "About the competition")

Accepted by Jogorku Kenesh of the Kyrgyz Republic on June 16, 2016

Article 1. Bring in the Law of the Kyrgyz Republic "About natural monopolies in the Kyrgyz Republic" (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2011, No. 7, the Art. 1052) the following changes:

Item 2 of part 2 of Article 4-1 to declare 1) invalid;

The word "paydana" to replace 2) regarding the 2nd Article 12 in state language with the word "kireshen";

Paragraphs two and third Article 20 to state 3) in the following edition:

"For the purpose of strengthening of material and technical resources, creation of necessary conditions for work and ensuring social protection of staff of antimonopoly authority the Fund of development and material security of antimonopoly authority due to assignments in the amount of 25 percent from the variation amounts from the regulating requirements established by the antitrust law is created, in type it is illegal (unreasonably and in addition) the gained income, and also other receipts which are not prohibited by the legislation of the Kyrgyz Republic.

The procedure for forming and use of this Fund is determined by the Government of the Kyrgyz Republic.".

Article 2. Bring in the Law of the Kyrgyz Republic "About the competition" (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2011, No. 7, the Art. 1019) the following change:

to declare Item 2 of part 1 of Article 4 invalid.

Article 3. This Law becomes effective after ten days from the date of official publication, except for regulations of Item 1 of Article 1 and Article 2, which become effective after 18 months from the date of entry into force of the Treaty of Accession of the Kyrgyz Republic to the Agreement on the Eurasian Economic Union of May 29, 2014.

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