.png)
Article 22. Insurance premiums and insurance payments The Law on Mutual Insurance
1. Insurance premiums paid by members of the company shall be paid to the beneficiary by the company in the form of insurance payments in the amount determined by the insurance contract.
2. The amount and procedure for calculating insurance premiums are established by the rules of mutual insurance of the company, approved by the general meeting of members of the company, unless otherwise provided by legislative acts of the Republic of Kazakhstan.
3. If, at the end of the reporting period, the company had no arrears in insurance payments, as well as arrears in taxes and other mandatory payments to the budget, the general meeting of the company's members may decide to reduce regular insurance premiums or suspend their payment.
4. The procedure and conditions for insurance payments are established by the rules of mutual insurance of the company, approved by the general meeting of the company's members.
The Law of the Republic of Kazakhstan dated July 5, 2006 No. 163.
This Law regulates public relations related to the implementation of mutual insurance and establishes the legal basis for the activities of mutual insurance companies.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases
