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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of December 31, 2018 No. 659

About questions of activities of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic

(as amended of the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128)

For the purpose of regulation of activities of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic, 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:

- paragraph two of ceased to be valid according to the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128;

- paragraph two of ceased to be valid according to the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128;

- sales charge for state registration (re-registration) of issue of securities according to appendix 3.

2. Determine that for issue of the certificate on the right of conducting transactions with securities collection in the amount of fivefold settlement indicator is levied.

3. Recognize invalid:

- the order of the Government of the Kyrgyz Republic "About Service of supervision and regulation of the financial market of the Kyrgyz Republic" of July 24, 2007 No. 288;

- the order of the Government of the Kyrgyz Republic "About modification of the order of the Government of the Kyrgyz Republic of July 24, 2007 No. 288 "About Service of supervision and regulation of the financial market of the Kyrgyz Republic" of July 22, 2008 No. 392;

- Item 12 of the order of the Government of the Kyrgyz Republic "About modification of some decisions of the Government of the Kyrgyz Republic" of April 20, 2009 No. 236.

4. To public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic:

- bring the decisions into accord with this resolution;

- take other measures following from this resolution.

5. This resolution becomes effective after fifteen days from the date of official publication, except for Item 1, which becomes effective after entry into force of the Law of the Kyrgyz Republic "About recognition voided some legal acts of the Kyrgyz Republic in the sphere of supervision and regulation of the financial market".

Prime Minister of the Kyrgyz Republic

M. Abylgaziyev

The regulations on Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic voided according to the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128

The scheme of management of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic voided according to the Order of the Government of the Kyrgyz Republic of 01.04.2021 No. 128

Appendix 3

Sales charge for state registration (re-registration) of issue of securities

Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic (further - the Gosfinnadzor) levies sales charge for state registration:

- constituent share issue in the amount of 0,1 of percent of the authorized capital in case of the size of the authorized capital to one million som;

- constituent share issue in the amount of ten settlement indicators in case of the size of the authorized capital more than one million som;

- issue of securities in case of placement it among the predefined group of people in the amount of 0, percent of amount of the placed issue of securities in case of amount of the placed issue of securities to one million som;

- issue of securities in case of placement it among the predefined group of people in the amount of ten settlement indicators in case of amount of the placed issue of securities more than one million som;

- issue of securities in case of placement it among in advance identified group of people in the amount of five settlement indicators irrespective of amount of the placed issue of securities;

- the increase in share par value made by joint-stock company according to Item 3 of article 23 of the Law of the Kyrgyz Republic "About joint-stock companies" in the amount of ten settlement indicators irrespective of the amount of increase in the authorized capital;

- issue of securities of issuers whose securities underwent the procedure of listing on the stock exchanges, in the amount of five settlement indicators irrespective of amount of the placed issue of securities.

State financial supervision levies sales charge in the amount of three settlement indicators for the state re-registration:

- reduction of number of the turned shares of society;

- convertings of other securities in the share;

- in case of consolidation or share split.

State registration of issue of securities is made without payment of one-time sales charge for state registration in case of issue of securities during creation of joint-stock company by transformation of the legal entity of other form of business, in the amount of, not exceeding the authorized capital of the transformed legal entity.

These sales charges for the state registration, re-registration of issues of securities levied by the Gosfinnadzor extend to foreign issuers including.

The sales charge for state registration of securities is levied at the time of state registration of securities.

The above-stated charges levied by the Gosfinnadzor are enlisted in the republican budget.

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