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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of July 27, 2015 No. 529

About approval of the Regulations on the special account of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic

For the purpose of improvement of material and technical resources, creation of necessary conditions for effective work and ensuring social protection of employees of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic and fixing of highly professional personnel in system of regulation of the financial market of the Kyrgyz Republic, according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Approve Regulations on the special account of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic according to appendix.

2. This resolution becomes effective after ten days from the date of official publication.

Prime Minister

T. Sariyev

Appendix

Approved by the Order of the Government of the Kyrgyz Republic of July 27, 2015 No. 529

Regulations on the special account of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic

1. General provisions

1. Means of the special account of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic (further - the special account) are created for the purpose of creation of proper material and technical resources of Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic (further - the Gosfinnadzor), its territorial subdivisions and forming of necessary conditions for improvement of their activities, providing guarantees and social protection of their employees.

2. The expenditure of means of the special account is made through system of Treasury according to the established procedures.

3. Manager of means of the special account is the head of the Gosfinnadzor, with right to sign of financial records.

The expenditure of means of the special account is made based on the special estimates approved by Executive council.

2. Sources and procedure for formation of the special account

4. Means of the special account are created for the account:

1) the charges and payments levied in cases and procedure, established by the legislation of the Kyrgyz Republic;

2) voluntary contributions of legal entities and physical persons;

3) the means arriving in the form of the humanitarian, sponsor's assistance, grants and means;

4) other receipts which are not contradicting the legislation of the Kyrgyz Republic.

5. Cash receipt is performed in cash and non-cash form, in national currency, and also in foreign currency according to the procedure, established by the legislation of the Kyrgyz Republic.

3. Main directions and procedure for use of means of the special account

6. Means of the special account are used on the following purposes:

1) holding actions for development and strengthening of material and technical resources for ensuring activities of the Gosfinnadzor (acquisition and updating of the computer, multiplying equipment, means of communication, the equipment, stock, materials, etc.), financial, material, social, sanatorium and medical support of activities of staff of the Gosfinnadzor, holding welfare, sporting events, seminars and meetings;

2) acquisition of motor transport for the office purposes, spare parts to it and fuels and lubricants;

3) organization and carrying out study for advanced training of staff of the Gosfinnadzor;

4) awarding, financial incentive and rendering financial support, including for the medical purposes, to the staff of the Gosfinnadzor and its territorial subdivisions;

5) payment of rent expenses of rooms, compensation of traveling, entertainment and other expenses in case of absence and shortage of budgetary appropriations on expense budget;

6) housing construction, capital and running repair of service premises and housing, and implementation of other expenses for the staff of the Gosfinnadzor and its territorial subdivisions on improvement of working conditions and life;

7) one-time rendering financial support to the unemployed pensioners and staff of the Gosfinnadzor dismissed in connection with retirement;

8) the organization of meetings of foreign guests, payment of traveling expenses in case of departure of employees abroad on experience exchange of work and for advanced training, and also other expenses which are not provided by the estimate;

9) accomplishment of obligations according to the collective agreement signed by administration and representative body (trade-union committee) of staff of the Gosfinnadzor;

10) holding other actions directed to improvement of activities of the Gosfinnadzor and territorial subdivisions on realization of the tasks and functions assigned to them according to the law on authorized body on regulation and supervision of the financial market under the Government of the Kyrgyz Republic;

11) payment of the membership fees in the international organizations for the security market (IOSCO), audit (IFIAR), International accounting standards and insurance;

12) payment for acquisition, translation into the Kyrgyz language and publication of International standards of audit;

13) fee of experts in creation of test tasks according to the Program of holding qualification examinations for the right of receipt of the qualification certificate of the auditor and professional participant of the security market;

14) payment for conducting examination of the constituted test tasks by members of certifying commission on holding qualification examinations on the right of receipt of the qualification certificate of the auditor and professional participant of the security market;

15) payment of work of specialists of the appeal commission on holding qualification examinations on the right of receipt of the qualification certificate of the auditor and professional participant of the security market;

16) payment of research works on creation of techniques, operating instructions of International standards of audit;

17) fee of experts in development of suggestions for improvement of the regulatory legal base in the sphere of the security market, audit, International accounting standards and insurance;

18) compensation of organizational expenses of the Gosfinnadzor on holding qualification examinations on the right of receipt of the qualification certificate of the auditor and professional participant of the security market;

19) issue of loans to employees of the Gosfinnadzor;

20) compensation of cost of food and journey in public transport in city boundaries, the area.

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