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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of August 18, 2017 No. 507

About approval of the provisions regulating procedure for privatization and lease of state-owned property at pilot auctions in electronic format

(as amended on 30-03-2022)

For the purpose of implementation of electronic trading platform for implementation of procedures of lease and privatization of state-owned property, according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Approve enclosed:

- Regulations on procedure for holding pilot auctions for privatization of state-owned property in electronic format according to appendix 1;

- Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 24.09.2021 No. 183

2. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 24.09.2021 No. 183

2-1. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 24.09.2021 No. 183

3. This resolution becomes effective after fifteen days from the date of official publication.

4. To impose control of execution of this resolution on department of economy and investments of Government office of the Kyrgyz Republic.

Prime Minister of the Kyrgyz Republic

S. Zheenbekov

Appendix 1

Approved by the Order of the Government of the Kyrgyz Republic of August 18, 2017 No. 507

Regulations on procedure for holding pilot auctions for privatization of state-owned property in electronic format

1. General provisions

1. This Provision establishes procedure for the organization and holding pilot auctions for privatization of state-owned property in electronic format.

Privatization of state-owned property at auction in electronic format is performed in compliance by the Law of the Kyrgyz Republic "About privatization of state-owned property in the Kyrgyz Republic", the Regulations on conditions and procedure for privatization of state-owned property in the Kyrgyz Republic approved by the order of the Government of the Kyrgyz Republic of March 26, 2003 No. 169, Regulations on privatization of state-owned property the sales method at auction approved by the order of the Government of the Kyrgyz Republic of November 29, 2012 No. 801, and this Provision.

2. In this Provision the following concepts are used:

internal regulations of electronic trading platform - the set of the rules determining operating procedure of electronic trading platform approved by authorized body in the sphere of management of state-owned property;

the magazine of order taking - hardware-software means on accounting of requests in electronic format;

closed, part of electronic trading platform - the part of the website available only to the registered users of electronic trading platform;

the information message - set of logically integrated data transferred in process of functioning of information systems;

private office - the automated workplace of the user on electronic trading platform;

subject to privatization - state-owned property, privatizeable at auction in electronic format;

the operator of electronic trading platform - the specialized organization which is acting on the basis of the contracts with the seller and owning the portal of electronic trading platform on the Internet on which the electronic auction is held;

open part of electronic trading platform - the public part of the website which is not requiring registration in system for work in it;

the seller - authorized state body in the sphere of management of state-owned property;

the applicant - person who submitted the application for participation in the biddings in electronic format;

the signing person - the physical person or legal entity creating the digital signature on electronic messages - the certificate holder of key of the signature or his representative to whom the closed key of the digital signature is entrusted;

registration on electronic trading platform - the admission of users on electronic trading platform performed by the operator of electronic trading platform;

the participant - the applicant allowed to participation in the biddings;

step of electronic auction - the allowance by which the starting price and each following price announced on electronic trading platform raises during trading;

the electronic trading platform - the information trade system placed on the Internet for the organization and tendering and allowing the registered participants remotely (without personal presence) to perform electronic transaction operations;

The paragraph the seventeenth ceased to be valid according to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 30.03.2022 No. 179

The paragraph the eighteenth ceased to be valid according to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 30.03.2022 No. 179

2. Organization and running an electronic auction

3. Running an electronic auction on privatization of the property which is in state-owned property is performed by the seller.

4. The organization of sale of the privatized property at electronic auction is performed by the operator of electronic trading platform.

5. Under the organization and running an electronic auction is included into power of the seller:

- decision making about exposure to electronic auction of state-owned property, privatizeable;

- ensuring evaluating project cost of privatization;

- decision making about creation of the commission on privatization, determination of its structure, appointment of the chairman and secretary of the commission;

- consideration of the conclusion about estimated value and the starting price of subject to privatization constituted by the commission on privatization;

- approval of the starting price of subject to the privatization determined on the basis of the conclusion about estimated value and the price of subject to privatization prepared by the commission;

- determination of the list of the documents submitted to participation in auction;

- determination of conditions and terms of introduction by applicants for participation in electronic auction of the guarantee fee;

- determination of date, the beginning and the end of order taking from applicants for participation in electronic auction on electronic trading platform;

- determination of date, time, venue of electronic auction;

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