ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of March 31, 2021 No. 194

About modification and amendments in the Orders of the Government of the Republic of Kazakhstan of December 11, 2018 No. 820 "About some questions of ensuring long-term tengovy liquidity for the solution of task of available crediting" and of December 31, 2019 No. 1060 "About some measures of the state support of private entrepreneurship"

The government of the Republic of Kazakhstan DECIDES:

1. Bring the following changes and amendments in some decisions of the Government of the Republic of Kazakhstan:

1) in the order of the Government of the Republic of Kazakhstan of December 11, 2018 No. 820 "About some questions of ensuring long-term tengovy liquidity for the solution of task of available crediting":

1) of Item 1 to state the subitem in the following edition:

"1) mechanism of crediting and financial leasing of priority projects;";

to be reworded as follows the mechanism of crediting of priority projects approved by the specified resolution according to appendix 1 to this resolution;

2) in the order of the Government of the Republic of Kazakhstan of December 31, 2019 No. 1060 "About some measures of the state support of private entrepreneurship" (SAPP of the Republic of Kazakhstan, 2019, Art. No. 67-68, 477):

in Rules of subsidizing of part of rate of remuneration within the State program of support and business development "The road map of business-2025" approved by the specified resolution:

in Item 7:

add with subitem 1-1) of the following content:

"1-1) special finance companies - the legal entity created according to the Law of the Republic of Kazakhstan of February 20, 2006 "About project financing and securitization" for implementation of transactions of project financing and securitization for benefit of which rights to claim are yielded;";

add with subitem 7-1) of the following content:

"7-1) the allocated assets - the rights to claim yielded to special finance company in transactions of project financing and securitization, the money on accounts in bank custodian received on the rights to claim yielded to it, the financial instruments acquired by special finance company as a result of investment of the specified money, the money received as a result of sale of financial instruments and also the property and property rights arising during creation of collateral security;";

11) to state the subitem in the following edition:

"11) working body - authorized management of akimats of areas, cities of republican value and the capital within Rules of subsidizing of rates of remuneration when crediting subjects of agro-industrial complex, and also leasing for acquisition of the farm animals, the equipment and processing equipment approved by the order of the Deputy prime minister of the Republic of Kazakhstan - the Minister of Agriculture of the Republic of Kazakhstan of October 26, 2018 No. 436 (further - the order No. 436) (it is registered in the register of state registration of regulatory legal acts for No. 17741);";

add with subitem 19-1) of the following content:

"19-1) securitization - financing under concession of monetary claim by bond issue, provided with the allocated assets;";

21) to state the subitem in the following edition:

"21) subsidizing - the form of the state financial support of entrepreneurs used for partial expense recovery paid by the entrepreneur to bank / leasing company as remuneration on credits/leasing in exchange for accomplishment in the future the certain conditions relating to operating activiies of the entrepreneur.

Also the credits of banks directed to financing of entrepreneurs via the securitization mechanism are subject to subsidizing. In that case, functions of administration (maintenance) of the credits of the entrepreneurs supported on the instrument of subsidizing within the Program are performed by the bank which yielded such credits of special finance company.

The mechanism of securitization provides itself form of the state financial support of entrepreneurs in the way: release by special finance company of the bonds provided with the allocated assets of bank; acquisitions by the financial agency of the bonds issued by special finance company, provided with the allocated assets (the transaction of securitization); provisions by special finance company to bank of the funds raised from the financial agency;";

the third and fourth Item 32 to state parts in the following edition:

"New effective investment projects, and also the projects directed to upgrade, production expansion, replenishment of current assets and franchizing are understood as the projects of entrepreneurs including which got the state support during the period from 2017 to 2019 within the first and second direction of the State program "DKB-2020" providing preserving/increase in annual average number of workplaces on the basis of data of the tax declaration, including data on compulsory pension contributions and (or) social assignments or growth in volumes of the salary fund or growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities) or increase in amount of payable taxes (corporate income tax / the individual income tax) for 10% after 2 (two) financial years from the date of the decision of the financial agency. At the same time on the projects of entrepreneurs which got the state support during the period from 2017 to 2019 inclusive on which execution of criteria of efficiency is not reached, but the project is implemented (the entrepreneur is not in stage of bankruptcy/liquidation/rehabilitation, for 2 (two) there are no tax statements with zero indicators on corporate income tax / to the individual income tax) and target use is confirmed in full, it is necessary to consider these projects corresponding to Program conditions.

The credits of subjects of small and medium entrepreneurship issued (issued) by banks at the expense of funds of the single accumulation pension fund for replenishment of current assets and (or) refinancing of the current obligations within the projects realized without industry restrictions, except for are also subject to subsidizing:

1) projects in the field of trading activity (except replenishment of current assets);

2) the projects realized by subjects of private entrepreneurship, working on the types of activity specified in item 4 of article 24 of the Entrepreneurial code of the Republic of Kazakhstan.";

state Item 35 in the following edition:

"35. To subsidizing the credits / leasing transactions directed to refinancing of credits/agreements of financial leasing, earlier issued by banks/bank of development / leasing companies and credit partnerships, the financial organizations during 8 (eight) years (term is estimated from date of issue of the first credit / leasing) before introduction of the project are also subject to the financial agency and the Programs corresponding to criteria.";

the second Item 36 to state part in the following edition:

"At the same time subsidizing of rate of remuneration on the credits for replenishment of current assets in the field of trading activity is performed on the amount no more than 100 (hundred) million tenges for one entrepreneur.";

state Item 38 in the following edition:

"38. The credits to 500 (five hundred) million tenges which 100% are directed to replenishment of current assets are allowed to subsidizing of rate of remuneration (except for carrying out calculations for payment of the current payments on servicing of the credits or agreements of leasing and except for other purposes which are not connected with implementation by the entrepreneur of the main activities).";

add with Item 53-1 of the following content:

"53-1. The credits of banks directed to financing of entrepreneurs via the mechanism (transaction) of securitization are subject to subsidizing. At the same time the financial agency acquires the securitized bonds at the expense of own or raised funds from other sources of financing.";

state Item 74 in the following edition:

"74. The new and operating credits / leasing transactions issued (issued) by banks / leasing companies on investment and replenishment of current assets (including on renewable basis) according to inventories for subsidizing on credits/leasing within projects are subject to subsidizing:

on conversion in agro-industrial complex according to appendix 1 to these rules of subsidizing;

on production in agro-industrial complex according to appendix 2 to these rules of subsidizing;

on processing industry and services according to appendix 3 to these rules of subsidizing.

The operating credits / leasing transactions are understood as the credits / leasing transactions issued by banks / leasing companies after entry into force of the order of the Government of the Republic of Kazakhstan of December 11, 2018 No. 820 "About some questions of ensuring long-term tengovy liquidity for the solution of task of available crediting".

Subsidizing of the credit for replenishment of current assets on which the size of current assets does not exceed 50% of credit amount within one project of the borrower is allowed.

This restriction does not extend to financing of projects on production and conversion in agro-industrial complex which is performed at the expense of own means of banks / leasing companies and JSC Agrarian Credit Corporation, and also the projects directed to carrying out spring and field works regardless of credit financing source. At the same time, the projects directed to carrying out spring and field works are financed for the term of no more than 1 year.

In case of 100% financing on the purpose of replenishment of current assets according to projects on conversion and production in agro-industrial complex at the expense of own means of banks within the Mechanism the following selection criteria are established:

lack of overdue tax debt at the time of application;

financing on the purpose of carrying out calculations for tax and other obligatory payments, payment of the current payments on servicing of the credits, loans and agreements of leasing is not allowed.

Refinancing from other bank / leasing company, and also on purchase of shares is not allowed.

At the same time, subsidizing of syndicated loans of banks with development bank is allowed.";

in Item 75:

state part one in the following edition:

"75. On crediting of projects / leasing transactions on processing industry and services, and also production and conversion in agro-industrial complex on the amount over 10 (ten) billion tenges the positive conclusion of the relevant industry central authorized body is necessary.";

third to state part in the following edition:

"In case of approval by bank / leasing company of the documents specified in this Item they go bank / leasing company during 5 (five) working days from the date of decision making by the credit commission of bank / leasing company to the financial agency. The decision of the credit commission of bank / leasing company goes along with the specified documents.";

to state part one of Item 76 in the following edition:

"76. The financial agency within 5 (five) working days considers the documents which arrived from bank / leasing company on compliance to Mechanism conditions.";

state Item 81 in the following edition:

"81. Subsidizing of projects in processing industry and services is performed on the credits / to leasing transactions with the nominal rate of remuneration which is not exceeding 15% per annum from which 6% are paid with subject of private entrepreneurship and difference subsidized with the state.

Subsidizing of investment projects on conversion in agro-industrial complex is performed on the credits / to leasing transactions with the nominal rate of remuneration which is not exceeding 15% per annum from which 5% will be paid with subject of private entrepreneurship, and the difference to be subsidized with the state.

Credit/leasing is issued to the subject of private entrepreneurship in national currency.

Action of this Item extends to the relations which arose since December 11, 2018.";

the second Item 84 to state part in the following edition:

"At the same time the financial agency within 5 (five) working days from the date of distribution of the amounts of subsidies in the corresponding directions notifies on it bank / leasing company.";

state Item 86 in the following edition:

"86. Banks / leasing companies do not charge any fees, charges and/or other payments, except for:

1) connected with the changes of terms for crediting initiated by the subject of private entrepreneurship;

2) the obligations levied for cause of infringement by the subject of private entrepreneurship on the credit;

3) connected with carrying out independent assessment of subject of pledge, registration of the agreement of pledge and removal of encumbrance;

4) connected with agreement performance of financial leasing (compensation of services in customs clearance, services of registration of subject of leasing by special bodies);

5) payments on settlement cash servicing.";

state Items 87-6 and 87-7 in the following edition:

"87-6. By provision of delay by bank on payment of principal debt and nominal rate of remuneration on the means credits, provided on subsidizing, are listed by the financial agency in bank and will be used after the end of the period of the granted delay. At the same time, if the amount of the added remuneration for the period of emergency state or restrictive actions, including quarantine, is postponed within the granted delay for the period exceeding on March 15, 2021, then such deferred payments for the granted delay are subject to subsidizing.

87-7. If during the period from March 16, 2020 to March 15, 2021 (inclusive) the borrower made payment of payments on the credit, the subsidizing amount added for this period is enlisted on the current account of the borrower.

In case of loan repayment during the period from September 1, 2020 to October 20, 2020, the amount of subsidized part of rate of remuneration from March 16, 2020 before repayment date of the credit is paid to the borrower based on the letter of bank / leasing company and the payment schedule in electronic format (XLS or XLSX) with indication of the payable amount of subsidies or the list (the register of payments) of subjects of small and medium entrepreneurship and the receivable amount of subsidies and necessary subsidies (place of registration and project implementations, business and identification number, details of the credit agreement) granted for payment.";

state Item 87-9 in the following edition:

"87-9. On the credits / bank / the leasing company till July 1, 2021 (inclusive) represents to leasing transactions of subjects of small and medium entrepreneurship in the most injured sectors of economy to the financial agency:

1) the list of subjects of small and medium entrepreneurship for subsidizing of part of rate of remuneration on the credit / to the leasing transaction;

2) the copy of the statement questionnaire in form according to appendix 5 to these rules of subsidizing.";

state Item 87-11 in the following edition:

"87-11. On the projects of subjects of small and medium entrepreneurship approved by the financial agency in the most injured sectors of economy bank / the leasing company represents to the financial agency the letter of bank / leasing company and the payment schedule in electronic format (XLS or XLSX) with indication of the payable amount of subsidies or with the list (the register of payments) of subjects of small and medium entrepreneurship with indication of the receivable amount of subsidies and necessary data for payment of subsidies (place of registration and project implementations, business and identification number, details of the credit agreement).

At the same time bank / the leasing company independently calculates the receivable amount of subsidies taking into account regulations of these rules of subsidizing, check of the specified calculations by the financial agency is not performed.

In case of change of the payment schedule on the credits / bank / the leasing company represents to the leasing transaction of the borrower (partial repayment of the credit / the leasing transaction, restructuring and other reasons) to the financial agency the letter of bank / leasing company and the changed payment schedule in electronic format (XLS or XLSX) with indication of the payable amount of subsidies / the changed receivable amount of subsidies.

Money transfer is made by the financial agency according to the schedules to payments/register of payments with indication of the receivable amount of subsidies provided by bank / leasing company into accounts of the financial agency in bank / банке-платежном the agent with accounting of the amounts to compensation for previous period (if necessary).";

appendix 3 to the specified Rules to be reworded as follows according to appendix 2 to this resolution;

appendix 9 to the specified Rules to be reworded as follows according to appendix 3 to this resolution;

in Rules of subsidizing of part of markup on goods and parts of the lease payment constituting the income of Islamic banks when financing of subjects of entrepreneurship by Islamic banks within the State program of support and business development "The road map of business-2025" approved by the specified resolution:

in Item 2:

add with subitem 4-1) of the following content:

"4-1) certain subjects of entrepreneurship are the subjects of big business performing activities in industries of processing industry according to appendix 2 to the Program and productions of food (OKED 10), productions of soap and the washing, cleaning and polishing means (OKED 20.41), productions of paper products of economic and household and sanitary and hygienic appointment (OKED 17.22. 0), freight transportation by road transport (OKED 49.41), warehouse economy and auxiliary transport activities (OKED 52), tourism (OKED 55.1, OKED 55.2, OKED 55.3.), leases and managements of own or leasable real estate (OKED 68.20);";

11) to state the subitem in the following edition:

"11) the entrepreneur - the subject of small and (or) medium business, certain subjects of entrepreneurship performing the activities according to the Code;";

state Item 27 in the following edition:

"27. Subsidizing of markup on goods/part of the lease payment constituting the income of Islamic bank / Islamic leasing company is performed on the financing issued for implementation of new effective investment projects, and also the projects directed to upgrade, replenishment of current assets and expansion of production.

New effective investment projects, and also the projects directed to upgrade, production expansion, replenishment of current assets are understood as the projects of entrepreneurs providing preserving/increase in annual average number of workplaces on the basis of data of the tax declaration, including data on compulsory pension contributions and (or) social assignments or growth in volumes of the salary fund or growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities) or increase in amount of payable taxes (corporate income tax / the individual income tax) for 10% after 2 (two) financial years from the date of the decision of the financial agency.";

2) of Item 63 to state the subitem in the following edition:

"2) the business plan of the project of the entrepreneur containing:

terms of ensuring participation in project implementation of own means (money, personal/real estate) and/or property of the third parties under credits/agreements of financial leasing over 180 (hundred eighty) million tenges within the second direction of the Program (at the same time such participation of property is provided at the level of not lower than 10% of total cost of project implementation);

stages on preserving/increase in annual average number of workplaces on the basis of data of the tax declaration, including data on compulsory pension contributions and (or) social assignments, or growth in volumes of the salary fund or on achievement of growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities) or on growth of amount of payable taxes (corporate income tax / the individual income tax) for 10% after 2 (two) financial years from the date of adoption by the financial agency of the decision on subsidizing (the requirement of this paragraph extends to cases of filing of application on participation within the second direction of the Program);";

state Item 67 in the following edition:

"67. The project of the entrepreneur is considered by authorized body of the financial agency within 5 (five) working days from receipt date of information with document package. At the same time, in case of adoption of the positive decision by authorized body of the financial agency in the decision are specified: the obligation of entrepreneurs on preserving/increase in annual average number of workplaces on the basis of data on the tax declaration, including data on compulsory pension contributions and (or) social assignments, or growth in volumes of the salary fund or on achievement of growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities), or on growth of amount of payable taxes (corporate income tax / the individual income tax) in the budget for 10% after 2 (two) financial years from the date of the decision of authorized body of the financial agency (on projects of entrepreneurs within the second direction of the Program).";

add Item 105 with the subitem 8) of the following content:

"8) non-execution of obligations by entrepreneurs on preserving/increase in annual average number of workplaces on the basis of data of the tax declaration, including data on compulsory pension contributions and (or) social assignments, either on growth in volumes of the salary fund or on achievement of growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities), or on growth of amount of payable taxes (corporate income tax / the individual income tax) in the budget for 10% after 2 (two) financial years from the date of decision making of authorized body of the financial agency (on projects of entrepreneurs within the second direction of the Program).";

in Rules of subsidizing of rate of coupon remuneration on the bonds issued by subjects of entrepreneurship within the State program of support and business development "The road map of business-2025" approved by the specified resolution:

state Items 2 and 3 in the following edition:

"2. Subsidizing of part of rate of coupon remuneration on the bonds of issuers included in the official listing of securities of stock exchange, and also the list of the exchange of the International financial center "Astana" (further - MFTsA), is performed within the State program of the support and business development "The road map of business-2025" approved by the order of the Government of the Republic of Kazakhstan of December 24, 2019 No. 968 (further - the Program).

3. Subsidizing of part of rate of coupon remuneration, including on the bonds of issuers included in the list of the MFTsA exchange is used for compensation of part of the expenses paid by issuers in the form of remuneration on bonds and performed via effective mechanisms of interaction of the state with entrepreneurs.";

in Item 7:

add with subitems 1-1) and 1-2) of the following content:

"1-1) MFTsA exchanges - the legal entity in form of business of joint-stock company performing organizational and technical supply of the biddings by financial instruments in MFTsA;

1-2) MFTsA authorized bodies on regulation of financial services - the independent authorized body performing regulation of financial services in MFTsA jurisdiction;";

add with subitem 3-1) of the following content:

"3-1) certain subjects of entrepreneurship are the subjects of big business performing activities in industries of processing industry according to appendix 2 to the Program and productions of food (OKED 10), productions of soap and the washing, cleaning and polishing means (OKED 20.41), productions of paper products of economic and household and sanitary and hygienic appointment (OKED 17.22. 0), freight transportation by road transport (OKED 49.41), warehouse economy and auxiliary transport activities (OKED 52), tourism (OKED 55.1, OKED 55.2, OKED 55.3.), leases and managements of own or leasable real estate (OKED 68.20), and also performing release of financial instruments in the form of bonds according to the Civil code of the Republic of Kazakhstan;";

5) to state the subitem in the following edition:

"5) the entrepreneur - the subject of small and (or) medium business performing the activities without industry restrictions (except for projects in the field of trading activity (except replenishment of current assets) and working on the types of activity specified in item 4 of article 24 of the Code, the certain subjects of entrepreneurship issuing financial instruments in the form of bonds according to the Civil code of the Republic of Kazakhstan;";

7) to state the subitem in the following edition:

"7) bonds with subsidized rate of coupon remuneration - the bonds issued by the issuer and included in the official listing of securities of the stock exchange performing activities in the territory of the Republic of Kazakhstan and also in the list of the MFTsA exchange on which the financial agency performs subsidizing of part of rate of coupon remuneration;";

13) and 14) to state subitems in the following edition:

"13) stock exchange - the legal entity created in form of business of joint-stock company which at least twenty five percent from total quantity of voting shares belong to National Bank of the Republic of Kazakhstan or MFTsA, the performing organizational and technical supply of the biddings by their direct carrying out with use of trade systems of this organizer of the biddings;

14) listing - inclusion of securities in category and (or) the sector of the official listing of securities of stock exchange and MFTsA exchange, for inclusion and stay in which internal documents of stock exchange establish special (listing) requirements to securities and their issuers;";

22) to state the subitem in the following edition:

"22) the agreement of subsidizing - the bilateral written agreement signed between the financial agency and the issuer under the terms of whom the financial agency subsidizes part of rate of coupon remuneration on the bonds issued by subjects of private entrepreneurship according to the legislation of the Republic of Kazakhstan and included in the official listing of the stock exchange performing activities in the territory of the Republic of Kazakhstan, and also included in the list of the MFTsA exchange in the form approved by authorized body on entrepreneurship;";

state Items 11 and 12 in the following edition:

"11. Subsidizing of part of rate of coupon remuneration is performed on the bonds issued according to the legislation of the Republic of Kazakhstan and included in the official listing of stock exchange and MFTsA exchange for financing of implementation of new effective investment projects, and also the projects directed to upgrade and expansion of production and for refinancing of the current obligations on the projects subsidized within these rules of subsidizing of rate of coupon remuneration, except for bonds on which in the prospectus of bond issue it is specified that purpose of use of the money received from placement of bonds are:

1) redemption of shares, shares of the organizations, and also companies as property complexes;

2) replenishment of current assets, except as specified, when replenishment of current assets is performed within bond issue on acquisition and/or upgrade of fixed assets, and/or production expansion, but no more than 30% of total nominal value of bond issue.

Subsidizing of part of rate of coupon remuneration on the bonds issued by the issuer on replenishment of current assets to 500 (five hundred) million tenges, and in the field of trading activity - no more than 100 (hundred) million tenges is allowed (except for carrying out calculations for payment of the current payments on servicing of the credits or agreements of leasing and except for other purposes which are not connected with implementation by the entrepreneur of the main activities).

New effective investment projects, and also the projects directed to upgrade, expansion of production are understood as the projects of entrepreneurs corresponding to criteria of the second direction of Rules of subsidizing of part of rate of remuneration within the State program of support and business development "The road map of business-2025" approved by the order of the Government of the Republic of Kazakhstan of December 31, 2019 No. 1060.

12. Subsidizing of part of rate of coupon remuneration can be performed on the bonds issued according to the legislation of the Republic of Kazakhstan and included in the official listing of stock exchange and (or) MFTsA exchange on which in the prospectus of bond issue it is specified that purpose of use of the money received from placement of bonds is the construction of shopping facilities of modern format, in case of compliance of shopping facilities to the following criteria:

1) with the floor space at least 3 (three) thousand sq.m in Nour-Sultan's cities, Almaty and Shymkent;

2) with the floor space at least 1 (one) one thousand sq.m in areas.";

state Item 19 in the following edition:

"19. Bonds of the issuer with subsidized rate of coupon remuneration are considered in system of accounting of nominal continence. Registration of transactions with bonds with subsidized rate of coupon remuneration is performed in system of nominal continence (system of accounting of the central depositary) according to the procedure, provided by regulatory legal act of authorized body on state regulation of the security market.";

state Item 25 in the following edition:

"25. The financial agency within 1 (one) working day after decision making of the financial agency by authorized body draws up, signs the protocol and sends minutes abstract with the cover letter to the issuer / to the financial consultant, the MFTsA share exchange / exchange.";

27, 28 and 29 to state Items in the following edition:

"27. After receipt of minutes abstract of authorized body of the financial agency the entrepreneur sends documents to the MFTsA share exchange / exchange for receipt of pre-trial detention about compliance of the issuer and the bonds issued by it to listing requirements, undergoes state registration of release of non-state bonds according to regulatory legal acts of authorized body on state regulation of the market of valuable papers / acts MFTsA, the procedure of listing at the MFTsA share exchange / exchange, performs placement of bonds according to internal regulations of the MFTsA share exchange / exchange and regulatory legal acts of authorized body on state regulation of the market of valuable papers / acts MFTsA.

28. The agreement of subsidizing is signed after provision by the issuer:

1) the registered prospectus of bond issue by authorized body on state regulation of the market of valuable papers / the MFTsA exchange;

2) notifications of the MFTsA share exchange / exchange on inclusion of bonds of the issuer in the official listing of the exchange (listing);

3) notifications on the conclusion between the issuer and the central depositary of the service provision agreement of the payment agent;

4) statements from system of accounting of the central depositary or the report on results of placement of bonds.

29. After representation by the issuer of the documents specified in Item 28 of these rules of subsidizing of rate of coupon remuneration between the financial agency and the issuer the agreement of subsidizing is signed.

The agreement of subsidizing becomes effective from the date of its signing by the parties.

The issuer no later than 5 (five) working days from the date of the conclusion of the agreement of subsidizing sends to the central depositary and the MFTsA share exchange / exchange of the notification on the conclusion of the agreement of subsidizing which without fail contain data on the size of subsidized part of rate of remuneration and the number of the placed bonds.";

add Item 36 with the subitem 5) of the following content:

"5) non-execution of obligations by the issuer on preserving/increase in annual average number of workplaces on the basis of data of the tax declaration, including data on compulsory pension contributions and (or) social assignments either on growth in volumes of the salary fund or on achievement of growth of the income (the income from realization: the cost of the realized goods, works, services from the main activities) or on growth of amount of payable taxes (corporate income tax / the individual income tax) in the budget for 10% after 2 (two) financial years from the date of decision making of authorized body of the financial agency.";

3) of Item 41 to state the subitem in the following edition:

"3) cancellations of bond issue according to the decision of authorized body on state regulation of the market of valuable papers / the MFTsA authorized body on regulation of financial services;";

7) of Item 46 to state the subitem in the following edition:

"7) at least once a quarter informing bondholders and authorized body on state regulation of the market of valuable papers / the MFTsA authorized body on regulation of the financial market about the actions according to above-mentioned subitems of this Item and results of such actions.";

state Item 49 in the following edition:

"49. The representative of bondholders informs on the actions authorized body on state regulation of the security market according to the legislation of the Republic of Kazakhstan and acts of authorized body on state regulation of the market of valuable papers / the MFTsA authorized body on regulation of financial services according to the current legislation of MFTsA.";

in Rules of guaranteeing on the credits within the State program of support and business development "The road map of business-2025" approved by the specified resolution:

state item 4 in the following edition:

"4. The means provided for guaranteeing within the Program and the Mechanism are listed:

The regional coordinator of the Program to the financial agent on the basis of the agreement on subsidizing and guaranteeing within the Program signed between them. The standard form of the agreement on subsidizing and guaranteeing within the Program affirms authorized body on entrepreneurship.

The funds allocated for guaranteeing can be used both within the Mechanism, and within the Program.

When guaranteeing priority projects within the Mechanism the funds allocated on the basis of standard form of the agreement on subsidizing and guaranteeing are subject to transfer to the current account of the financial agency in the amount of 20% of the amount of guarantees and are payment for the issued guarantees. Further review and financing of the project are performed according to the procedure provided in the Program. The financial agency can place at discretion the received means in different financial instruments.

At the same time, provision of guarantees for development bank on the credits of banks on market conditions is allowed.";

in Item 5:

3) to state the subitem in the following edition:

"3) bank - the bank of the second level participating in the Program/bank of the second level participating in the Mechanism;";

add with subitem 4-1) of the following content:

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