Article 2-2. Competence of the authorized body of the Law on Project Financing and Securitization

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The authorized body shall adopt regulatory legal acts binding on special financial companies in the field of regulating the activities of special financial companies in accordance with the goals and objectives provided for in paragraphs 1 and 2 of Article 2-1 of this Law and the legislation of the Republic of Kazakhstan. The list of subordinate regulatory legal acts is defined in the regulations on the authorized body.

The Law of the Republic of Kazakhstan dated February 20, 2006 No. 126.

This Law establishes the legal basis and conditions for project financing and securitization in the Republic of Kazakhstan, defines the specifics of the assignment of claims and the legal regime of property in project financing and securitization, the legal status of a special financial company, as well as the legal basis and conditions for syndicated financing.

President

Republic of Kazakhstan

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