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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of February 17, 2005 No. 145

About approval of Rules of expenditure of funds for compensation of increase in rates for the electric power developed by the power making organization for the purpose of covering of deficit of the electric power and ensuring stable power supply of consumers of the Southern Kazakhstan

(In edition of the order of the Government RK of 05.07.05 No. 685)

According to article 18 of the Law of the Republic of Kazakhstan of December 2, 2004 "About the republican budget for 2005" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of expenditure of funds for compensation of increase in rates for the electric power developed by the power making organization for the purpose of covering of deficit of the electric power and ensuring stable power supply of consumers of the Southern Kazakhstan.

2. This resolution becomes effective from the date of signing.

 

Prime Minister

Republic of Kazakhstan D. Akhmetov

Approved by the order of the Government of the Republic of Kazakhstan of February 17, 2005 No. 145

Rules of expenditure of funds for compensation of increase in rates for the electric power developed by the power making organization for the purpose of covering of deficit of the electric power and ensuring stable power supply of consumers of the Southern Kazakhstan

1. These rules determine procedure for expenditure of funds for compensation of increase in rates for the electric power developed by the power making organization for the purpose of covering of deficit of the electric power and ensuring stable power supply of consumers of the Southern Kazakhstan.

2. Determine Kaztransgaz joint-stock company - fuel supplier (further - the Supplier) for ensuring work of open joint stock company "Jambyl state district power plant of name T.I. Baturova" (further - Society) in the one-two-block mode in the oseena - the winter period of 2004 - 2005 which purchase has important strategic importance within the means provided in the republican budget for 2005 according to the budget program 026 "Ensuring stable power supply of consumers of the Southern Kazakhstan".

3. The expenditure of funds for compensation of increase in rates is performed at the expense of the means provided in the republican budget for 2005 according to the budget program 026 "Ensuring stable power supply of consumers of the Southern Kazakhstan" in the amount of 1075175000 (one billion seventy five million hundred seventy five thousand) tenges (further - Means), including:

1) 199000000 (hundred ninety nine million) tenges - expenses on compensation of costs of Society before the Supplier on gasoline supplies for the period January - March, 2004;

2) 876175000 (eight hundred seventy six million hundred seventy five thousand) tenges - expenses for difference covering between fuel purchase price Society taking into account expenses on transportation and fuel cost, necessary for preserving the established rates, on the developed electric power for the purpose of ensuring stable work of Society during the period from December, 2004 to March, 2005.

4. The Ministry of Energy and Mineral Resources of the Republic of Kazakhstan according to the subitem 2) of Item 3 of these rules approves calculations of expenses for preserving the established rate for the developed electric power for the purpose of compensation of increase in rates for covering of deficit of the electric power and ensuring stable power supply of consumers of the Southern Kazakhstan.

5. Ministry of Energy and Mineral Resources of the Republic of Kazakhstan:

1) according to Item 3 of these rules is performed by money transfer based on the agreements signed with the Supplier on ensuring stable power supply of consumers of the Southern Kazakhstan;

2) is provided by approval of consumption rates for the power supplying organizations and consumers of the Southern Kazakhstan on amounts of electric power, received on transit "North-South" and amounts of electric power, received from tires of Society to consumers of the Southern Kazakhstan;

3) is provided by target use of the Funds allocated according to this resolution.

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