Legislative News

This CLIENT UPDATE includes amendments to the legislation of the Republic of Kazakhstan and appointments in October 2010.

The following 244 acts were adopted in October 2010:

• Laws of the Republic of Kazakhstan – 3;

• Decrees of the President of the Republic of Kazakhstan – 2;

• Resolutions of the Government of the Republic of Kazakhstan – 111;

• Other regulatory legal acts.

Most of these regulatory legal acts concern the public sector, but among them there are some, which may attract your attention and affect your business in Kazakhstan in a certain way

We would like to draw your attention to the following regulatory legal acts:

LAW OF THE REPUBLIC OF KAZAKHSTAN DATED 6 OCTOBER 2010 №343-IV “ON AMENDMENTS TO SOME LEGISLATIVE ACTS OF THE REPUBLIC OF KAZAKHSTAN ON MATTERS OF RESPONSIBILITY ENHANCEMENT IN THE AREA OF TURNOVER OF OIL AND CERTAIN OIL PRODUCTS”

This Law introduces amendments in the Criminal Code, the Criminal Procedural Code, the Administrative Code, the Law of the Republic of Kazakhstan “On Government regulation of production and turnover of certain oil products”. The amendments stipulate toughening of responsibility for violation of the legislation on matters of turnover of oil and certain oil products.

RESOLUTION OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN DATED 30 OCTOBER 2010 № 1139 “ON TEMPORARY PROHIBITION ON EXPORT OF LIGHT DISTILLATES AND PRODUCTS, KEROSENE AND GAS-OILS”

Resolution prohibits export of light distillates and products, kerosene and gas-oils, except for special gasoline and furnace domestic fuel for the period of six months.

RESOLUTION OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN DATED 26 OCTOBER 2010 № 1120 “ON APPROVAL OF DOCUMENT SUBMISSION RULES FOR EXEMPTION FROM THE CUSTOMS DUTIES”

The rules specify the order of the documents submission for exemption from the customs duties for legal entities and physical persons, which import or export of goods.

RESOLUTION OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN DATED 12 OCTOBER 2010 № 1058 “ON ADOPTION THE RULES OF EXECUTION OF CUSTOMS CLEARANCE OF GOODS BY OFFICERS OF CUSTOMS AUTHORITIES

The rules define sequence of operations of officers of custom authorities during customs clearance necessary for import of goods for internal consumption, for their export or for applying other customs procedure.

DARFT LAW OF THE REPUBLIC OF KAZAKHSTAN “ON MEDIATION” DATED 26 OCTOBER 2010

In October 2010 the Draft Law of the Republic of Kazakhstan “On Mediation” is submitted for consideration to Majilis of the Republic of Kazakhstan. It is assumed that this Law will regulate the use of Mediation Institute at settlement of conflicts, occurring from the civil relationships, labour, family and other private legal relationships with participation of physical and (or) legal entities and also in the area of criminal and legal relationships on the matters of crimes of small and medium gravities.

Information contained in this Client Update is of general nature and cannot be used as legal advice or recommendation. Please seek for a specific advice in relation to any questions. Please note that Kazakhstan and Turkmenistan are emerging economies and their legislation and legal systems are in constant development. Should you have any questions or would like to discuss subjects addressed in this Client Update please contact us.