Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC

The document ceased to be valid since  July 17, 2015 according to Item 1 of the Resolution of Board of National Bank of the Republic of Kazakhstan of July 17, 2015 No. 128

THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND SUPERVISION OF THE FINANCIAL MARKET AND FINANCIAL INSTITUTIONS

of March 27, 2009 No. 55

About approval of Rules of issue of permission to voluntary reorganization or liquidation of Islamic special finance company

(as amended of the Resolution of Board of National Bank of the Republic of Kazakhstan of 26.04.2013 No. 110)

According to Item 8 of article 32-6 of the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" the Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and financial institutions (further - the Agency) DECIDES:

1. Approve the enclosed Rules of issue of permission to voluntary reorganization or liquidation of Islamic special finance company.

2. This resolution becomes effective after fourteen calendar days from the date of its state registration in the Ministry of Justice of the Republic of Kazakhstan.

3. To department of supervision of subjects of the security market and accumulation pension funds (Hadzhiyeva M. Zh.):

1) together with Legal department (Sarsenov N. V.) to take measures to state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) in ten-day time from the date of state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan to bring it to the attention of the interested divisions of the Agency and Consolidation of legal entities "The association of financiers of Kazakhstan".

4. To service of the Chairman of the Agency (Kenzhe A. A.) take measures for publication of this resolution in mass media of the Republic of Kazakhstan.

5. To impose control of execution of this resolution on the vice-chairman of the Agency Aldambergen A. U.

Chairman

E.Bakhmutova

Approved by the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and financial institutions of March 27, 2009 No. 55

Rules of issue of permission to voluntary reorganization or liquidation of Islamic special finance company

1. These rules of issue of permission to voluntary reorganization or liquidation of Islamic special finance company (further - Rules) are developed according to the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" and determine procedure for issue by the state body exercising regulation and supervision of the financial market and financial institutions (daleeupolnomochenny body), permissions to voluntary reorganization or liquidation of Islamic special finance company.

2. The Islamic special finance company submits in authorized body the application for issue of permission to voluntary reorganization or liquidation of Islamic special finance company after approval by authorized body of the report on results of repayment of release of Islamic securities.

3. The statement for issue of permission to voluntary reorganization or liquidation of Islamic special finance company is constituted in any form, signed by the first head of Islamic special finance company and contains data on the name of Islamic special finance company (according to the reference or the certificate on state registration (re-registration) of the legal entity) and approval date authorized body of the report on results of repayment of release of Islamic securities.

4. The copy of the decision on its voluntary reorganization or liquidation accepted by Board of Directors (supervisory board) of originator of Islamic special finance company is attached to the statement for issue of permission of authorized body to carrying out voluntary reorganization or liquidation of Islamic special finance company if other is not established by legal acts of the Republic of Kazakhstan or the charter of originator.

5. The refusal in issue of permission to voluntary reorganization or liquidation of Islamic special finance company is made by authorized body on any of the following bases:

1) lack of the report on results of repayment of release of Islamic securities of Islamic special finance company approved by authorized body;

2) lack of the decision on voluntary reorganization or liquidation of Islamic special finance company accepted by Board of Directors (supervisory board) of originator of Islamic special finance company if other is not established by legal acts of the Republic of Kazakhstan or the charter of originator;

3) discrepancy of the submitted documents to the requirements established by the legislation of the Republic of Kazakhstan.

6. The statement for issue of permission to voluntary reorganization or liquidation of Islamic special finance company is considered by authorized body within thirty calendar days from receipt date of the statement.

In case of compliance of the submitted documents to requirements of the legislation of the Republic of Kazakhstan the authorized body makes issue of permission to voluntary reorganization or liquidation of Islamic special finance company in form according to appendix to these rules.

In case of adoption by authorized body of the decision on refusal in issue of permission to voluntary reorganization or liquidation of Islamic special finance company on the bases, stipulated in Item 5 these rules, the authorized body in writing notifies on it Islamic special finance company with indication of the refusal basis.

7. In case of repeated submission of documents for issue of permission of authorized body to voluntary reorganization or liquidation of Islamic special finance company calculation of term of their consideration by authorized body begins again.

8. Copies of the documents submitted by Islamic special finance company to authorized body for issue of permission to voluntary reorganization or liquidation are certified by the signature of the first head and impress of a seal of Islamic special finance company.

In case of plurality of sheets each leaf is certified of the document or the document is stitched and fastened with the paper seal pasted on node of insertion and partially on leaf. The signature of the first head and impress of a seal shall be applied partially on paper seal, partially on document sheet.

9. The questions which are not settled by these rules are solved according to the legislation of the Republic of Kazakhstan.

Appendix

to Rules of issue of permission to voluntary reorganization or liquidation of Islamic special finance company

Form

Permission to voluntary reorganization or liquidation of Islamic special finance company

_______________________________________________________________________________________________________

                                                                     (name of authorized body)

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.