Article 30-3. The procedure for submitting a credit report on a bank guarantee and surety The Law on Credit Bureaus and Formation of credit histories in the Republic of Kazakhstan
1. The basis for submitting a credit report on a bank guarantee or surety is the consent of the debtor to submit this report by the credit bureau to the person in whose favor the bank has issued a bank guarantee or surety.
2. The procedure for submitting a credit report on a bank guarantee and surety is established by a regulatory legal act of the authorized body.
The Law of the Republic of Kazakhstan dated July 6, 2004 No. 573.
This Law defines the legal, economic and organizational foundations of the formation of credit histories in the Republic of Kazakhstan, the legal status of participants in the system of formation of credit histories and their use, regulates public relations related to the creation, implementation and termination of activities of credit bureaus, the specifics of state regulation, control and supervision in this area.
President
Republic of Kazakhstan
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