18.09.2007, 08:10 2552

Majilis to consider subsoil usage legislation amendments by the next week

"Working group has finished. We have worked all questions out", said A. Milyutin. "On Tuesday, the committee meeting will take place, and me as working group chairman will report on the committee. We will take final decision on the committee, and most probably this question will be considered by the next plenary session", he added.

Astana. September, 18. Kazakhstan Today - The draft law On changes and amendments to the law On bowels and subsoil usage could be submitted to Majilis (lower chamber of Kazakh Parliament) plenary session by the next week, Alexander Milyutin chairman of the working group on the current project said on Monday.

"Working group has finished. We have worked all questions out", said A. Milyutin. "On Tuesday, the committee meeting will take place, and me as working group chairman will report on the committee. We will take final decision on the committee, and most probably this question will be considered by the next plenary session", he added.

In the course of the work under the bill the working group has made amendments related to insignificant increase of investors' role and their responsibility to the government Alexander Milyutin noted.

"Every investor should fulfill our legislation, including those contract conditions, which were agreed upon with our government. In all world countries these are obligatory", the deputy said.

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