RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of December 31, 2015 No. 261

About approval of Rules of carrying out transactions with translated and promissory notes the banks of the second level, branches of nonresident banks of the Republic of Kazakhstan and the organizations performing separate types of banking activities

According to the subitem 22) of paragraph two of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of carrying out transactions with translated and promissory notes by the banks of the second level, branches of nonresident banks of the Republic of Kazakhstan and the organizations performing separate types of banking activities.

2. Recognize to invalid:

1) the resolution of Board of National Bank of the Republic of Kazakhstan of November 15, 1999 No. 397 "About approval of Rules of carrying out the second level of transactions by banks with translated and promissory notes" (it is registered in the Register of state registration of regulatory legal acts at No. 1016);

2) Item 2 of the resolution of Board of National Bank of the Republic of Kazakhstan of May 13, 2005 No. 61 "About modification and amendments in some regulatory legal acts of National Bank of the Republic of Kazakhstan concerning implementation of the second level of transactions by banks with translated and promissory commercial bills" (it is registered in the Register of state registration of regulatory legal acts at No. 3684).

3. And managements of payment systems (Musayev R. N.) in the procedure established by the legislation to provide to development department:

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