I.O.'S ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of November 24, 2015 No. 710

About approval of the Special procedure for regulation of activities of subjects of the natural monopolies attracting loans of the international financial institutions and entering the list of subjects of the natural monopolies attracting loans of international financial institutions

According to subitem 1-3) of Item 1 of article 13 of the Law of the Republic of Kazakhstan of July 9, 1998 "About natural monopolies and the controlled markets", PRIKAZYVAYU:

1. Approve the enclosed Special procedure for regulation of activities of subjects of the natural monopolies attracting loans of the international financial institutions and entering the list of subjects of the natural monopolies attracting loans of international financial institutions.

2. To provide to committee on regulation of natural monopolies and protection of the competition of the Ministry of national economy 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 information system of law of Ad_let;

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

3. To impose control of execution of this order on the first vice-minister of national economy of the Republic of Kazakhstan.

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

Approved by the Order of the acting minister of national economy of the Republic of Kazakhstan of November 24, 2015, No. 710

Special procedure for regulation of activities of subjects of the natural monopolies attracting loans of the international financial institutions and entering the list of subjects of the natural monopolies attracting loans of international financial institutions

1. General provisions

1. This Special procedure for regulation of activities of subjects of the natural monopolies attracting loans of the international financial institutions and entering the list of subjects of the natural monopolies attracting loans of international financial institutions (further – the Special procedure), is developed according to the Law of the Republic of Kazakhstan of July 9, 1998 "About natural monopolies and the controlled markets" (further – the Law).

2. The special procedure is applied to activities of subjects of the natural monopolies attracting loans of the international financial institutions and entering the list of subjects of the natural monopolies attracting loans of international financial institutions (further – the Subject), provided by subitem 1-4) of Item 1 of article 13 of the Law.

3. The activities of Subjects which are not settled by this Special procedure are regulated according to the legislation of the Republic of Kazakhstan on natural monopolies and the controlled markets.

4. In the Special procedure the following concepts are used:

1) variable part of profit is the part of profit which is not exceeding 30% of the profit included in rate, created taking into account criteria of quality, reliability and efficiency of regulated services;

2) two-part rate - the rate consisting of rate for consumption and rate for content of system of rendering services;

3) competent authority - the state body performing management of the corresponding industry (sphere) of public administration, and also the local executive body performing approval of investing program (project) of the Subject rendering regulated services in the corresponding territory of administrative and territorial unit, included in the local Section of the State register of subjects of natural monopolies;

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