THE ORDER OF THE DEPUTY PRIME MINISTER - THE MINISTER OF TRADE AND INTEGRATION OF THE REPUBLIC OF KAZAKHSTAN

of September 30, 2022 No. 389-HK

About approval of Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations, the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry which are subject to insurance from the single operator on promotion of non-oil export

According to subitems 6) and 8) article 10 of the Law of the Republic of Kazakhstan "About industrial policy" PRIKAZYVAYU:

1. Approve:

1) Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations according to appendix 1 to this order;

2) the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export according to appendix 2 to this order.

2. To provide to department of promotion of export of the Ministry of Trade and integration of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Trade and integration of the Republic of Kazakhstan.

3. To impose control of execution of this order on the supervising vice-Minister of Trade and integration of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its first official publication.

Appendix 1

to the Order Deputy prime minister - the Minister of Trade and integration of the Republic of Kazakhstan of September 30, 2022 No. 389-HK

Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations

Chapter 1. General provisions

1. These rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, by other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export taking into account the assumed international obligations (further – Rules) are developed according to the subitem 6) of article 10 of the Law of the Republic of Kazakhstan "About industrial policy" (further – the Law) and determine procedure for subsidizing of rate of remuneration by the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry which are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations.

2. In these rules the following determinations and concepts are used:

1) bank - the payment agent - the authorized bank of leasing company performing function on account management of leasing company intended for transfer and write-off of subsidies;

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