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The document ceased to be valid since November 21, 2020 according to Item 1 of the Order of the Minister of Agriculture of the Republic of Kazakhstan of October 20, 2020 No. 321

I.O'S ORDER. MINISTER OF AGRICULTURE OF THE REPUBLIC OF KAZAKHSTAN

of July 24, 2015 No. 9-2/695

About approval of Rules of use of the money allocated for support of compulsory insurance in crop production

According to subitem 12-3) of Item 2 of article 5 of the Law of the Republic of Kazakhstan of March 10, 2004 "About compulsory insurance in crop production" I ORDER:

1. Approve the enclosed Rules of use of the money allocated for support of compulsory insurance in crop production.

2. To provide to department of investment policy and financial instruments of the Ministry of Agriculture of the Republic of Kazakhstan in the procedure established by the legislation:

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 in the Ministry of Justice of the Republic of Kazakhstan the direction it the copy 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 Agriculture of the Republic of Kazakhstan and the intranet portal of state bodies.

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

Acting Minister

E.Nysanbayev

It is approved

Minister of Finance of the Republic of Kazakhstan

August 5, 2015

 

B. Sultanov

Approved by the Order of the deputy. The Minister of Agriculture of the Republic of Kazakhstan of July 24, 2015 No. 9-2/695

Rules of use of the money allocated for support of compulsory insurance in crop production

1. General provisions

1. These rules of use of the money allocated for support of compulsory insurance in crop production (further - Rules), determine procedure for use of the money allocated for support of compulsory insurance in crop production according to the Law of the Republic of Kazakhstan of March 10, 2004 "About compulsory insurance in crop production".

2. Money from the current account in National Bank of the Republic of Kazakhstan (further - National Bank) on which the budgetary funds allocated for support of compulsory insurance in crop production (further - the current account), and the income from placement of temporarily spare cash on deposits in National Bank are enlisted and in government securities is used by the agent on the following purposes:

1) compensation to the insurer or society of mutual insurance in crop production of fifty percent of insurance payments for the insured events which resulted from the adverse natural phenomena;

2) placement of temporarily available funds on deposits in National Bank and in government securities.

3. The budgetary funds allocated for support of compulsory insurance in crop production are listed based on the agreement signed between authorized body in the field of crop production and the agent.

2. Procedure for use of money

4. The agent for transfer of compensation amount of part of insurance payments from the current account on the bank account of the insurer or society of mutual insurance represents the payment order on compensation payment to National Bank.

5. The insurer or society of mutual insurance within five working days after receipt of money from the current account draws up in triplicate the reconciliation statement with the compensation amounts agent the agent of part of insurance payment.

6. Quarterly, no later than the 20th following for reporting the agent submits in authorized body in the field of crop production the report on movement of money on the current account of the agent in form according to appendix 1 to these rules and the report on compulsory insurance in crop production in form according to appendix 2 to these rules, with submission of the following documents:

1) the reconciliation statement with insurers or societies of mutual insurance;

2) the statement from the current account about effected payments of compensations;

3) copies of payment documents on payment of compensations.

7. The agent refuses to the insurer or society of mutual insurance compensation of part of the made insurance payment in case of the message and (or) provision by the insurer to the agent of obviously false data.

8. The agent keeps financial accounting of transactions on receipts and use of funds from the current account separately from results of authorized activities.

9. The remaining balance of means on the current account in National Bank which is registered for the end of financial year is not subject to return to authorized state body in the field of crop production and respectively in the budget.

10. The agent in coordination with authorized body in the field of crop production places temporarily available funds from the current account:

1) on deposits in National Bank by the conclusion with National Bank of the agreement on acceptance of deposits (bank deposits) and about opening and maintaining the savings account;

2) in government securities according to the legislation of the Republic of Kazakhstan on the security market.

11. The gained income from placement on deposits and is enlisted in government securities of temporarily available funds on the current account.

Appendix 1

to Rules of use of the money allocated for support of compulsory insurance in crop production

Form

The report on movement of money on the current account of the agent from "___" _______ 20 __ years on "___" ______ 20 __ years

(in tenge)

Name

The amount on quarters

Total movement of money for the accounting period

1

2

3

4

1

Remaining balance of money for the beginning of quarter

 

 

 

 

 

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