of March 10, 2004 No. 533-II
About compulsory insurance in crop production
This Law governs the public relations arising in the field of compulsory insurance in crop production and establishes legal, financial and organizational basis of its carrying out.
In this Law the following basic concepts are used:
1) the agent - the joint-stock company created according to the decision of the Government of the Republic of Kazakhstan which is part of national managing holding in the field of agro-industrial complex which single shareholder is the state;
2) No. 134-VI ZRK is excluded according to the Law of the Republic of Kazakhstan of 10.01.2018;3) complete death of crops - effect of impact of the adverse natural phenomena on crops in case of which costs for further cultivation and harvesting exceed the expected income from harvest;
4) partial death of crops - effect of impact of the adverse natural phenomena on crops, in case of which the income less than the size of the standard rate of costs for one hectare of production of type of products of crop production, estimative or actual from one hectare of production of type of products of the crop production, established at the time of the conclusion of the agreement of compulsory insurance;
5) the adverse natural phenomenon - the natural phenomenon (long-term - drought, destruction by frost, lack of heat, excessive moistening of the soil, air remoistening, flood, lack of water, hot dry wind; short-term - hail, heavy rain, frosts, strong wind, mudflow) from which death or damage of products of crop production resulted;
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The document ceased to be valid since January 6, 2020 according to article 3 of the Law of the Republic of Kazakhstan of October 28, 2019 No. 268-VI ZRK