Article 19-9. Termination of membership (participation) in a self-regulatory organization in the field of collection activities of the Law on Collection Activities

Home / Laws / Article 19-9. Termination of membership (participation) in a self-regulatory organization in the field of collection activities of the Law on Collection Activities

1. The grounds for termination of the membership (participation) of a collection agency in a self-regulatory organization in the field of collection activities are:

1) voluntary termination of the membership (participation) of a collection agency in a self-regulating organization in the field of collection activities is carried out within the time limits established by the rules of the self-regulating organization in the field of collection activities;

2) the exclusion of a collection agency from the membership (participants) of a self-regulating organization in the field of collection activities by decision of a self-regulating organization in the field of collection activities is carried out from the day following the day such a decision is made by the collegial governing body of the self-regulating organization in the field of collection activities.;

3) the exclusion of a collection agency from the register of collection agencies is carried out from the day following the day of making such a decision by the authorized body.;

4) the liquidation of the collection agency is carried out from the date of liquidation of the collection agency in accordance with this Law;

5) termination of the activity of a self-regulating organization in the field of collection activities is carried out from the date of termination of the activity of a self-regulating organization in the field of collection activities.

2. A self-regulating organization in the field of collection activities has the right to decide on the exclusion of a collection agency from the membership (participants) of a self-regulating organization in the field of collection activities in the following cases::

1) repeated (two or more times within twelve consecutive calendar months) non-compliance by a member (participant) of a self-regulatory organization in the field of collection activities with the requirements of the rules and standards of a self-regulatory organization in the field of collection activities;

2) repeated (two or more times within twelve consecutive calendar months) non-payment of membership fees by a member (participant);

3) identification of false information in documents submitted by a member for admission to membership (participants) of a self-regulatory organization in the field of collection activities.

3. Entrance and membership fees paid by a collection agency in connection with its membership (participation) in a self-regulating organization in the field of collection activities are not subject to refund to the collection agency upon termination of its membership (participation) in a self-regulating organization in the field of collection activities.

4. The decision of a self-regulating organization in the field of collection activities to refuse admission to membership (participants) or exclusion from membership (participants) of a self-regulating organization in the field of collection activities, as well as actions (inaction) of a self-regulating organization in the field of collection activities that violate the rights and legitimate interests of a member (participant), candidate for membership (participants) of a self-regulating organization in the field of collection activities, may be appealed to the court.

The Law of the Republic of Kazakhstan dated May 6, 2017 No. 62-VI.

This Law regulates public relations related to the implementation of collection activities, establishes the specifics of the creation and operation of collection agencies, and also defines the specifics of state regulation of collection agencies and control over their activities.

President

Republic of Kazakhstan

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