Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of February 24, 2012 No. 88

About approval of Rules of execution by the representative of bondholders of the functions and obligations, early termination of its powers, and also requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative of bondholders, and terms of provision of information in National Bank of the Republic of Kazakhstan

(The last edition from 24-09-2018)

According to the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of execution by the representative of bondholders of the functions and obligations, early termination of its powers, and also requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative of bondholders and terms of provision of information in National Bank of the Republic of Kazakhstan.

2. Recognize invalid:

2) the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of July 16, 2007 No. 207 "About modification and amendments in the resolution of Board of National Bank of the Republic of Kazakhstan of November 12, 2003 No. 397 "About approval of Rules of execution by the representative of bondholders of the functions and obligations, about procedure and cases of early termination of its powers, and also about requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative of bondholders" (registered in the Register of state registration of regulatory legal acts of the Republic of Kazakhstan at No. 4891);

3) Item of 1 appendix to the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of April 29, 2009 No. 89 "About entering of amendments and changes into some regulatory legal acts of the Republic of Kazakhstan concerning the security market" (registered in the Register of state registration of regulatory legal acts of the Republic of Kazakhstan at No. 5701).

3. This resolution becomes effective after ten calendar days after day of its first official publication.

Chairman of National Bank

G. Marchenko

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of February 24, 2012 No. 88

Rules of execution by the representative of bondholders of the functions and obligations, early termination of its powers, and also requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative of bondholders and terms of provision of information in National Bank of the Republic of Kazakhstan

These rules of execution by the representative of bondholders of the functions and obligations, early termination of its powers, and also requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative of bondholders and terms of provision of information in National Bank of the Republic of Kazakhstan (further - Rules) are developed according to the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" (further - the Law) and determine procedure for execution by the representative of bondholders (further - the representative) the functions and obligations in case of release, placement, the address and repayment of secured, infrastructure or mortgage bonds (further - bonds), requirements to contents of the agreement on representation of interests of bondholders signed between the issuer and the representative, procedure and cases of early termination of its powers and also terms of provision of information in National Bank of the Republic of Kazakhstan (further - authorized body) according to the subitem 5) Item 1 of article 20 of the Law.

1. Procedure for execution by the representative of the functions and obligations

1. Control of execution by the issuer of obligations to bondholders is exercised by the representative by information analysis about the issuer:

1) the financial reporting, including the annual financial reporting and the audit report (in the presence) determined according to the legislation of the Republic of Kazakhstan on financial accounting and the financial reporting placed on Internet resources of depositary and stock exchange which list includes the securities issued by the issuer;

2) published in mass media;

3) containing in the periodic reports of the issuer provided according to the procedure and the terms established by the agreement on representation of interests of bondholders signed between the issuer and the representative (further - the agreement);

Full text available with active License only!

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 38000 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.

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 SojuzPravoInform LLC. UI/UX design by Intelliants.