LAW OF THE REPUBLIC OF KAZAKHSTAN

of June 8, 2021 No. 47-VІI ZRK

About purchases of certain subjects of the quasi-public sector

Article 1. Scope of this Law

1. This Law governs the relations connected with purchase of goods, the works, services necessary for ensuring functioning, and also accomplishment of authorized activities of national managing holdings, national holdings, the national companies and the organizations, fifty and more percent of voting shares (shares in the authorized capital) which directly or indirectly belong to national managing holdings, national holdings, the national companies, and also social business corporations, except for legal entities, fifty and more percent of voting shares (shares in the authorized capital) which directly or indirectly belong to national managing holding, national holding, the national companies, delivered in trust management to physical persons or non-state legal entities with the right of the subsequent redemption (further - certain subjects of the quasi-public sector).

2. This Law does not extend to cases:

1) acquisitions of services at physical persons in employment contracts or at the physical persons which are not subjects of business activity according to services agreements, including services of private notaries, lawyers and legal executives;

2) introduction of the membership fees (deposits), including to the authorized capital of legal entities;

3) acquisitions of blocks of shares, shares in the authorized capital (further - shares) legal entities;

4) payments of remunerations to members of governing body and the supervisory board, compensation or payment of the expenses (on journey and accommodation, daily allowances) connected with fulfillment of duties by members of governing body and the supervisory board;

5) the purchase of goods, works, services performed according to international treaties of the Republic of Kazakhstan and also within implementation of the investment projects financed by the international organizations which member is the Republic of Kazakhstan;

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