ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of November 17, 2022 No. 911

About determination of criteria of implementation of the biddings by securities at the exchange

According to the subitem 7) of Item 1 of Article 341, the subitem 3) of Item 9 of Article 645 and the subitem 3) of article 654 of the Code of the Republic of Kazakhstan "About taxes and other obligatory payments in the budget" the Government of the Republic of Kazakhstan DECIDES: (Tax code)

1. Determine criteria of implementation of the biddings by securities at the exchange according to appendix to this resolution.

2. To joint-stock companies "Kazakhstan stock exchanges" (in coordination) and "The exchange of the International financial center "Astana" (in coordination) quarterly, no later than the 15th following reporting quarter to place information on the securities corresponding to criteria, the stipulated in Item 1 this resolution on the Internet resources.

3. This resolution becomes effective since January 1, 2023 and is subject to official publication.

Appendix

to the Order of the Government of the Republic of Kazakhstan of November 17, 2022 No. 911

Criteria of implementation of the biddings by securities at the exchange

1. When implementing the biddings securities (except for shares of mutual investment funds and debt securities) at the exchanges functioning in the territory of the Republic of Kazakhstan at the same time observe the following criteria on the performed security transactions:

1) the amount of security transactions makes at least 25 (twenty five) million tenges in calendar month;

2) the quantity of security transactions makes at least 50 (fifty) transactions in calendar month.

2. When implementing the biddings shares of mutual investment funds at the exchanges functioning in the territory of the Republic of Kazakhstan at the same time observe the following criteria on the performed security transactions:

1) the amount of transactions with shares of mutual investment funds makes at least 20 (twenty) million tenges in calendar month;

2) the number of transactions with shares of mutual investment funds makes at least 10 (ten) transactions in calendar month.

3. When implementing the biddings debt securities within one release at the exchanges functioning in the territory of the Republic of Kazakhstan for the purposes of application of the subitem 3) of Item 9 of Article 645 and the subitem 3) of article 654 of the Code of the Republic of Kazakhstan "About taxes and other obligatory payments in the budget" (Tax code) observe criterion on amount of the open tenderings and the debt securities of this release which are in circulation placed by method which makes at least 1 (one) one billion tenge.

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