On Amendments and Supplements to Certain Orders
of the Minister of Finance of the Republic of Kazakhstan
I ORDER:
1. The following amendments and supplements shall be made to certain orders of the Minister of Finance of the Republic of Kazakhstan:
1) To Order No. 227 of the Minister of Finance of the Republic of Kazakhstan dated March 30, 2015, "On Approval of the Rules for the Sale or Use of Property Seized Based on a Criminal Court Verdict Regarding Confiscation of Property or Based on a Decision to Transfer Property to the State" (registered in the State Register of Regulatory Legal Acts under No. 10813):
The first paragraph of clause 2 shall be amended to read as follows:
"2. The State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan, in the manner established by the legislation of the Republic of Kazakhstan, shall ensure:"
In the Rules for the Sale or Use of Property Seized Based on a Criminal Court Verdict Regarding Confiscation of Property or Based on a Decision to Transfer Property to the State, approved by the said Order:
Clause 2 shall be amended to read as follows:
"2. The following key concepts shall be used in these Rules:
1) Current Price – the price of property determined during an upward bidding process or the announced price determined during a downward bidding process;
2) Starting Price – the price of property determined based on a property valuation report submitted by independent consultants or an appraiser and set by a commission;
3) Auction – a form of bidding in which participants submit their bids publicly, conducted electronically using the Registry's web portal;
4) Auction Room – a section of the Registry's web portal that facilitates the entry, storage, and processing of information necessary for conducting an auction;
5) Auction number – a number assigned to a participant for participation in the auction, provided they have an electronic digital signature issued by the national certification authority of the Republic of Kazakhstan;
6) Social service providers – educational organizations for orphans and children left without parental care, preschool and secondary education, temporary stay organizations, and medical and social institutions (organizations) registered as state legal entities;
7) Starting price – the price at which the bidding for the property begins;
8) Minimum price – the price below which the property cannot be sold;
9) Winner – the auction participant who bid the highest price for the property and signed the electronic protocol on the auction results;
10) Local executive bodies – a collegial executive body headed by the akim of a region, city of republican significance and the capital, or district (city of regional significance), exercising local government and self-government within the limits of its competence in the relevant territory;
11) Security Deposit – a monetary sum equal to 15 percent of the starting price of the property, deposited by an individual or non-governmental legal entity to participate in the bidding;
12) Commission – a commission established in accordance with the Rules for the Accounting, Storage, Evaluation, and Further Use of Property Transferred (Received) into State Ownership on Certain Grounds, approved by Resolution No. 833 of the Government of the Republic of Kazakhstan dated July 26, 2002, "Certain Issues of the Accounting, Storage, Evaluation, and Further Use of Property Transferred (Received) into State Ownership on Certain Grounds" (hereinafter, the Accounting Rules);
13) Commission Order – an integral part of the public procurement (commission) agreement, which specifies the property and its value to be transferred to the relevant budget or to the Education Infrastructure Support Fund, as well as the amount deposited by the trading organization into the seller's account as financial security for the fulfillment of obligations under the commission order;
14) Participant's Cash Balance (hereinafter referred to as the "e-wallet") - a potential participant's personal account in the register, used by the single operator to record funds deposited by the potential participant into the single operator's special transit account in a second-tier bank related to:
Acceptance of security deposits for participation in auction bidding;
Refund of security deposits, except for cases provided for in subparagraphs 1) and 2) of Part One of Paragraph 27 of these Rules;
15) State Legal Entities - state-owned enterprises and state institutions;
16) Single Operator for State Property Accounting (hereinafter referred to as the "Single Operator") - a legal entity defined by Resolution No. 802 of the Government of the Republic of Kazakhstan dated July 15, 2011 "On Determining the Single Operator for State Property Accounting";
17) Public Procurement (Commission) Agreement - a civil law agreement concluded through the public procurement web portal between