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ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of September 17, 2014 No. 402

About determination of criteria at the choice of types of alienation of republican property

(In edition of the Order of the Minister of Finance of the Republic of Kazakhstan of 15.03.2018 No. 361)

According to Item 5 of Rules of sale of the subjects to privatization approved by the order of the Government of the Republic of Kazakhstan of August 9, 2011 No. 920, I ORDER:

1. Determine the enclosed criteria at the choice of types of alienation of republican property (further - the Object) according to appendix to this order.

2. And procedures of rehabilitation and bankruptcy (Adilkhanov D. B.) to provide to department of methodology of the order with republican state-owned property:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days after state registration of this order its direction on official publication in periodic printing editions and in information system of law of Ad_let;

3) placement of this order on Internet resource of the Ministry of Finance of the Republic of Kazakhstan.

3. This order becomes effective from the date of state registration and is subject to official publication.

Minister of Finance of the Republic of Kazakhstan

B. Sultanov

Appendix

to the Order of the Minister of Finance of the Republic of Kazakhstan of September 17, 2014 No. 402

Criteria at the choice of types of alienation of republican property

No. of payment order

Name of criterion

Alienation type

1.

Lack of interest of the state in further control over the Object (conditions are not exposed).

Need of realization of the Object at the greatest possible price and attraction of wide range of bidders.

tendering in the form of auction

2.

Need of establishment of sales terms of the Object (preserving profile of activities, repayment of accounts payable, debt repayment on the salary and other conditions).

Need of realization of the Object at the greatest possible price.

tendering in the form of commercial tender

3.

Realization of the Object affecting state security, protection of the surrounding environment, the external economic provision of the Republic of Kazakhstan, determined by the Government of the Republic of Kazakhstan.

tendering in the form of the closed tender

4.

Accomplishment of terms of the contract of trust management, property hiring (lease) with the right of the subsequent redemption the trustee, the employer (lessee).

direct address sale

5.

Object compliance to requirements of stock exchange.

Need of attraction of wide range of bidders, including foreign investors.

tendering on the stock exchange

6.

Need of attraction of consulting services in pre-sale preparation of subjects to privatization and their sale.

Need of carrying out tender with participation of the financial adviser determining priority of the price and (or) other conditions of privatization.

tender by two-stage procedures

7.

Need of implementation of the derivative securities certifying the share rights of joint-stock companies belonging to the state.

sale of derivative securities

 

 

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