RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of September 29, 2023 No. 514

About approval of the Regulations on fund of development and material security of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic

For the purpose of increase in efficiency of procedures of process of bankruptcy and ensuring social protection of staff of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic, according to articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve Regulations on fund of development and material security of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic according to appendix.

2. This resolution becomes effective after ten days from the date of official publication.

Appendix

to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of September 29, 2023 No. 514

Regulations on fund of development and material security of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic

1. General provisions

1. The fund of development and material security of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic (further - Fund of development) is created for the purpose of strengthening of material and technical resources, creation of necessary conditions for work and ensuring social protection of staff of Department for bankruptcy under the Ministry of Economy and Trade of the Kyrgyz Republic (further - Department).

2. Procedure for formation of fund of development

2. Fund of development is created due to financing of the republican budget at the rate to 50 percent from the salary fund of Department.

For transfer of means in Fund of development by Department the current account according to budgetary funds in the Central Treasury of the Ministry of Finance of the Kyrgyz Republic is in accordance with the established procedure opened.

3. Procedure for use of fund of development

3. Fund of development is used:

1) in the amount of 80 percent on financing of the expenses connected with material and household providing and social protection of staff of Department including on:

- payment of lump-sum allowance to the employees who sustained injuries or to families of employees, dead on duty;

- awarding of employees, including junior and technical service personnel, based on the relevant orders of Department;

- rendering one-time financial support for medical and other purposes, accomplishment of other obligations according to the collective agreement signed between the employer and representative bodies of staff of Department;

- payment of the compensation amounts for food and transportation expenses for junior and technical service personnel;

- expenses on the organization and holding welfare and sporting events, formal meetings, seminars and conferences;

- allocation of one-time financial support to the staff of Department, including junior and technical service personnel, on fuel and acquisition of agricultural products during their procurement in the amount of, determined by management of Department;

- allocation of one-time financial support to the staff of Department, including junior and technical service personnel, on acquisition of coal during the heating period in the amount of, determined by management of Department;

2) in the amount of 10 percent on:

- fee, provided by consulting, estimative, auditing, legal and other organizations, works of experts and specialists;

- acquisition of the computer equipment, software, office equipment, means of communication, furniture, accessories, repair and maintenance;

- payment of research works on creation of standards, techniques, managements, etc.;

- development and strengthening of material and social base of Department for ensuring effective activities;

3) in the amount of 10 percent - on replenishment of specialized fund of state body for cases on bankruptcy.

4. Accounting treatment and reporting

4. The expenditure of fund of development is made according to the approved expense budgets and actual receipt of the means specified in Item 2 this provision.

5. Manager and the responsible person for use of fund of development is the department director. In the absence of the director of the department of its obligation are assigned to the deputy director.

6. Accounting of forming (receipt), distribution of fund of development, control of target use of means according to the estimate appointments approved in accordance with the established procedure and submission of reports on the specified means to the manager of Fund of development are performed according to the procedure, established by the legislation of the Kyrgyz Republic.

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