Article 19. Purchases of goods, works and services The Law On the National Welfare Fund

Home / RLA / Article 19. Purchases of goods, works and services The Law On the National Welfare Fund

Purchases of goods, works and services by the Fund and organizations with fifty percent or more of the voting shares (stakes in the authorized capital) owned directly or indirectly by the Fund are carried out in accordance with the legislation of the Republic of Kazakhstan on procurement of certain entities of the quasi-public sector.

The Law of the Republic of Kazakhstan dated February 1, 2012 No. 550-IV.

This Law defines the legal status, operating procedure, goals, objectives and powers of the National Welfare Fund, the procedure for interaction between the National Welfare Fund and government agencies, as well as certain features of the legal status of legal entities whose shares (participation interests) belong to the National Welfare Fund and other organizations belonging to the National Welfare Fund group.

President

Republic of Kazakhstan

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