Article 2. Legislation of the Republic of Kazakhstan on project financing and securitization The Law on Project Financing and Securitization

Home / RLA / Article 2. Legislation of the Republic of Kazakhstan on project financing and securitization The Law on Project Financing and Securitization

1. The legislation of the Republic of Kazakhstan on project financing and securitization is based on the Constitution of the Republic of Kazakhstan and consists of the Civil Code of the Republic of Kazakhstan, this Law and other regulatory legal acts of the Republic of Kazakhstan.

2. The legislation of the Republic of Kazakhstan on the securities market and on joint-stock companies applies to relations related to project financing and securitization transactions and the activities of a special financial company, unless otherwise established by this Law.

3. If an international treaty ratified by the Republic of Kazakhstan establishes rules other than those contained in this Law, the rules of the international treaty shall apply.

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.

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