Article 10. Charter of the Joint-Stock Investment Fund of the Law on Investment and Venture Funds
The charter of a joint-stock investment fund, in addition to the information defined by the legislation of the Republic of Kazakhstan, must contain:
1) the provision that the exclusive type of its activity is investing in accordance with the terms of its investment declaration and the requirements established by the legislation of the Republic of Kazakhstan on investment and venture funds;
2) the types, procedure for determining and maximum amounts of expenses for ensuring the activities of a joint-stock investment fund and its bodies.
The Law of the Republic of Kazakhstan dated July 7, 2004 No. 576.
This Law defines the legal status, specifics of the creation, operation, reorganization and liquidation of a joint-stock investment fund, the conditions and procedure for the creation, operation and termination of a mutual investment fund, the specifics of the legal status and activities of venture funds in the Republic of Kazakhstan, regulates relations related to the activities of professional securities market participants to ensure the functioning of investment funds, and It also defines the procedure for state regulation of investment funds.
President
Republic of Kazakhstan
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