of April 2, 2001 No. 173-II
(In edition of the Law of the Republic of Kazakhstan of June 29, 2001 No. 218-II)
About amnesty of citizens of the Republic of Kazakhstan in connection with legalization of money by them
This Law for the purpose of attraction of additional financial resources in economy of Kazakhstan regulates holding exclusive single action by the state on legalization of money of citizens of the Republic of Kazakhstan which was withdrawn from legal economic circulation earlier and was not declared, by release from the taxation and responsibility of persons who made separate offenses in the sphere of economy.
1. This Law extends to citizens of the Republic of Kazakhstan who will enlist money for special accounts without the order right them for legalization in the banks of the second level which are logging in collective guaranteeing (insurance) deposits (deposits) by contribution of cash in national or in foreign currency, and also transfer of own money from personal accounts in foreign banks. The list of foreign currency is determined by National Bank of the Republic of Kazakhstan.
2. The period of legalization of money constitutes thirty calendar days during 2001. Starting date of the period is established by the presidential decree of the Republic of Kazakhstan.
This Law does not extend to cases of legalization of the money received as a result of corruption offenses, crimes against the personality, the world and safety of mankind, bases of the constitutional system and safety of the state, property, interests of public service, public safety and public order, health of the population and morality, and also the money belonging to other persons or received as the credits.
1. Information on availability of special accounts and quantity of money for them is not subject to disclosure.
2. Availability of the special account cannot be the basis for carrying out any legal proceedings, including implementation of criminal prosecution or application of administrative punishment.
3. In case of the introduction in legal force of judgments (sentences) providing confiscation of property of the citizens amnestied according to this Law, the money shown to legalization are withdrawn in property of the state in the procedure established by the legislation of the Republic of Kazakhstan.
The order the money which arrived into the special account in national and (or) foreign currency can be performed by the citizen (investor) next day after the termination of term of legalization.
To persons specified in article 1 of this Law, the bank of the second level of the Republic of Kazakhstan into which special accounts money was placed issues the official document specifying the size of deposited amount and date of introduction. Features of opening and maintaining special accounts, form and procedure for issue of the official document, accounting of the money which is on special accounts are determined by regulatory legal act of National Bank of the Republic of Kazakhstan.
The sums granted into special accounts in banks of the second level of the Republic of Kazakhstan by persons specified in article 1 of this Law do not join in the taxable income.
Operation of articles 6, 7 and 8 does not extend to persons concerning whom according to article 1 of this Law prior to the beginning of the period of legalization of money criminal cases and administrative productions, and also on convicts and on persons on whom administrative punishments are imposed were brought.
In case of non-execution or improper execution of this Law the corresponding officials and persons performing managerial functions in banks of the second level bear the responsibility established by legal acts of the Republic of Kazakhstan.
Republic of Kazakhstan N. Nazarbayev
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