Article 251. Failure to comply with the requirement of repatriation of national and (or) foreign currency of the Code of the Republic of Kazakhstan on Administrative Offenses  

    Non-fulfillment by an individual entrepreneur or a legal entity of the requirement to repatriate national and (or) foreign currency, committed in the form of non-crediting of national and (or) foreign currency to bank accounts with authorized banks:

     1) revenue in national and (or) foreign currency from exports;

     2) national and (or) foreign currency transferred by a resident of the Republic of Kazakhstan in favor of a non-resident of the Republic of Kazakhstan for making import payments, which is subject to refund due to non-fulfillment or incomplete fulfillment of obligations by a non-resident of the Republic of Kazakhstan, –

     entails a fine in the amount of twenty percent of the amount of unpaid national and (or) foreign currency.

     Note. Responsibility for the commission of an offense provided for in this article occurs when, after the expiration of the repatriation period, the amount of unpaid national and (or) foreign currency exceeds the threshold value above which the currency agreement on export or import is subject to control of fulfillment of the repatriation requirement in accordance with a joint regulatory legal act of the National Bank of the Republic of Kazakhstan and the state body responsible for ensuring tax receipts and other mandatory payments to the budget within its competence, customs regulation in the Republic of Kazakhstan.

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