LAW OF THE REPUBLIC OF KAZAKHSTAN

of December 28, 2023 No. 52-VIII ZRK

About modification and amendments in some legal acts of the Republic of Kazakhstan concerning subsurface use and ecology

Article 1. Make changes and additions to the following legal acts of the Republic of Kazakhstan:

1. In the Code of the Republic of Kazakhstan "About subsoil and subsurface use" of December 27, 2017:

Article 1 to add 1) with Item 1-1 of the following content:

"1-1. Modification and (or) amendments in this Code is performed by the law which is not providing modification and amendments in other legal acts of the Republic of Kazakhstan, except for drafts of the laws drafted according to the procedure of the legislative initiative of the President of the Republic of Kazakhstan.";

Article 7 to add 2) with Item 5 of the following content:

"5. Ensuring availability of information with the state in the field of subsurface use is based on obligatory reliability and completeness of the data created and represented by officials and other participants of the relations regulated by this Code.";

3) in Article 36:

in Item 2:

7) to state the subitem in the following edition:

"7) obligations of the subsoil user on share of the intra country value in goods, works and services conforming to requirements of this Code including in types of the goods, works and services included in the list of priority goods, works and services approved by authorized body in the field of hydrocarbons;";

add with part two of the following content:

"In addition to the conditions provided by part one of this Item, the contract for subsurface use on the exhausted fields shall contain the investment obligation, stipulated in Article 153-1 of this Code.";

12) of Item 2-1 after words "values in" to add the subitem with the word "goods";

in Item 3:

in the subitem 1) to "the size and terms of compensation" to replace words with the word to "compensation";

in the subitem 2) words to "the size and terms of compensation" to replace "payments" respectively with words to "compensation", "payment";

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