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THE ORDER OF THE CHAIRMAN OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION OF NATURAL MONOPOLIES

of December 6, 2004 No. 472-OD

About approval of the Instruction for calculation of rate arrived to regulated base of the involved assets of the subjects of natural monopoly rendering services of the high-level railway net and sidings

(as of November 29, 2010)

1. Approve the enclosed Instruction for calculation of rate of profit on regulated base of the involved assets of the subjects of natural monopoly rendering services of the high-level railway net and sidings.

2. To department on regulation and control in the field of rail transport and ports of the Agency of the Republic of Kazakhstan for regulation of natural monopolies (Zhusanbayev E. S.) provide in the procedure established by the legislation state registration of this order in the Ministry of Justice of the Republic of Kazakhstan.

3. To department of administrative and territorial work of the Agency of the Republic of Kazakhstan on regulation of natural monopolies (Tokareva M. A.) after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan:

To provide 1) in accordance with the established procedure its publication in official mass media;

2) to bring it to the attention of structural divisions and territorial authorities of the Agency of the Republic of Kazakhstan on regulation of natural monopolies, joint-stock company "The Kazakstan temir Sholas national company, Center of Transport Service joint-stock company.

4. To impose control of execution of this order on the First Deputy Chairman of the Agency of the Republic of Kazakhstan on regulation of natural monopolies Aldabergenov N. Sh.

5. This order becomes effective from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan.

 

Chairman B. Sagintayev

Approved by the order of the Chairman of the Agency of the Republic of Kazakhstan on regulation of natural monopolies of December 6, 2004 No. 472-OD

The instruction for calculation of rate arrived to regulated base of the involved assets of the subjects of natural monopoly rendering services of the high-level railway net and sidings

1. General provisions

1. This Instruction for calculation of rate arrived to regulated base of the involved assets of the subjects of natural monopoly rendering services of the high-level railway net and sidings (further - the Instruction) is developed according to the Law of the Republic of Kazakhstan "About natural monopolies and the controlled markets" and other regulatory legal acts of the Republic of Kazakhstan.

2. The instruction disaggregates procedure of payments of the admissible profit level which is part of rates (the prices, rates of charge) of the subjects of natural monopoly rendering services of the high-level railway net and sidings (further - the Subject), and considered during the calculating and approval, including for the medium-term period.

3. The instruction is entered for the purpose of reasonable calculation and the possibility of profit earning providing effective functioning of the subjects of natural monopoly rendering services of the high-level railway net and sidings.

4. In this Instruction the following basic concepts are used:

admissible profit level - the profit (net income after the taxation) which is part of rate (the price, rate of charge) which the Subject has the right to receive for effective functioning and improvement of quality of implementable services (works, goods) for consumers and subject to approval (approval) by authorized body;

coefficient of involvement of assets - the indicator in percentage expression characterizing the actual use (involvement) of fixed assets of the Subject in case of production and provision of services (goods, works) referred to the sphere of natural monopoly from their technological capacity (peak, handling capacity of the high-level railway net);

the accounting period - the financial year preceding date of application for establishment or change of rates (the prices, rates of charges) on services of Subjects;

regulated base of the involved assets - regulated asset cost, being in property of the Subject and (or) used in case of production and provision of services (goods, works) to which the Subject has the right to get profit;

equity - the capital which is belonging to participants or the Subject's shareholders, and consisting of certain number of shares or shares, giving to participants or the Subject's shareholders the right to certain income, and also including accumulated retained earnings and the reserve capital which is in addition paid and in addition unpaid capital determined by balance sheet data of the Subject by the end of the reporting period;

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