13.02.2009, 17:15 2599

Nazarbayev signed Law on Fund of National Welfare

The head of the state, Nursultan Nazarbayev, signed the Law of the Republic of Kazakhstan on Fund of National Welfare, the agency reports citing the president's press service.

Astana. February 13. Kazakhstan Today - The head of the state, Nursultan Nazarbayev, signed the Law of the Republic of Kazakhstan on Fund of National Welfare, the agency reports citing the president's press service.

According to the press service, the head of the state signed the Law of the Republic of Kazakhstan on Fund of National Welfare directed at defining the legal status, the order of activity, the purposes, the goals, the objectives and the powers of the Fund of National Welfare, and establishment of some peculiarities of the legal status of legal entities, the share of participation belonging to the Fund and other organizations of this group.

The President also signed the Law of the Republic of Kazakhstan on amendments and additions to the Acts of the Republic of Kazakhstan concerning activity of Fund of National Welfare and recognition of the invalid law of the Republic of Kazakhstan directed at bringing of some of the Acts in conformity with the Law on Fund of National Welfare.

The texts of the laws are published in press.

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