ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of April 22, 2024 No. 227

About introduction of amendments to the order of the Minister of Finance of the Republic of Kazakhstan of May 5, 2018 No. 519 "About approval of standards of assessment"

I ORDER:

1. Bring in the order of the Minister of Finance of the Republic of Kazakhstan of May 5, 2018 No. 519 "About approval of standards of assessment" (it is registered in the Register of state registration of regulatory legal acts at No. 16971) the following changes:

in the standard of assessment "Value assessment of personal estate" approved by the specified order:

state Items 2 and 3 in the following edition:

"2. Action of the standard extends to assessment of all types of material personal estate, including for the works and services relating to personal estate.

For the purpose of assessment this standard extends also to assessment of the air and ocean ships which are subject to state registration, courts of internal water swimming, courts of swimming "river sea", space objects and is used by the appraisers having the certificate on qualification assignment "appraiser" on specialization "Assessment of personal estate".

This standard does not extend to securities valuation.

Securities are estimated according to the standards "Business Valuation and Rights of Participation in Business", "Assessment of Financial Instruments".

3. In this standard the following concepts are used:

1) biological assets - animal or plant which in the course of biological transformations is capable to give agricultural products and (or) additional biological assets and also to bring in a different way economic benefits;

2) the generating unit - the smallest identifiable group of assets providing cash receipt which are substantially independent of other assets or groups of assets;

3) the equipment - assets, set of machines, mechanisms, devices, the devices used for work or production and also their component parts, accessories, stock, vehicles, tools used for the purpose of organizational technological support of activities of the company or the organization;

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