11.12.2009, 15:39 2507

Parliament passed amendments to legislation concerning Kazakhstan's share in purchases

Today, at the plenary session, the deputies of the Senate of Parliament of Kazakhstan passed the law on the amendments and additions to the acts of the Republic of Kazakhstan concerning Kazakhstan's share in purchases, the agency reports.

Astana. December 11. Kazakhstan Today - Today, at the plenary session, the deputies of the Senate of Parliament of Kazakhstan passed the law on the amendments and additions to the acts of the Republic of Kazakhstan concerning Kazakhstan's share in purchases, the agency reports.

The law assumes an administrative liability for infringement of the legislation on state purchases and lays the foundation for monitoring of purchases of goods, works and services of the national operating holdings, national holdings, national companies and other organizations, fifty percent of shares and more directly or indirectly belong to the national operating holding, national holding, national company, and system-forming enterprises and subsoil users.

The law introduces amendments to the Law on Bowels and Subsoil Use, which includes in the terms of the contracts with subsoil users of the obligations regarding Kazakhstan's share in purchases. Non-observance of these obligations will entail administrative responsibility.

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