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Article 101-14. Personal Special account of the Housing Relations Act
1. The recipient of housing payments opens and uses only one personal special account in the second-tier bank.
2. In case of termination of housing payments, the state institution, no later than three months from the date of termination of housing payments, sends a notification letter to the second-tier bank on termination of current housing payments, indicating the details of the state institution's bank account.
Upon termination of housing payments, the recipient of housing payments must apply to the second-tier bank for closing a personal special account and transferring the remaining amounts of housing payments to the bank account of a government agency in accordance with the details specified in the notification letter of the government agency, in accordance with the procedure established by the legislation of the Republic of Kazakhstan.
Upon termination of housing payments and availability of a savings account, the recipient of housing payments must apply to a second-tier bank to transfer the amounts of housing payments received for the purpose of replenishing savings in the form of housing construction savings to a personal special account for their subsequent transfer to a bank account of a government agency, in accordance with the details specified in the notification letter of the government agency, in accordance with the procedure established by the legislation of the Republic of Kazakhstan.
3. An employee of a law enforcement agency, a special state agency, a civil protection agency, and a serviceman who has been discharged from service, shall use housing payments held in personal special and savings accounts only for the purposes specified in subitems 1) and 2) of the first part of paragraph 1 of Article 101-5 of this Law.
The Law of the Republic of Kazakhstan dated April 16, 1997 No. 94.
President
Republic of Kazakhstan
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